Location & Language

Zenfinex Global Limited regulated by the Financial Services Authority (FSA) of Seychelles (SD092)

India’s Economic Resilience and Stock Market Prospects

By Samir Al Khoury,

India is considered the third largest economy in Asia after China and Japan in terms of gross domestic product, which currently records about 3.5 trillion US dollars.

Recent Indian economic data shows that the Indian economy is truly resilient as:

  • Both the manufacturing and services PMIs rose, recording growth of 59.1 points and 61.2 points, respectively, in March, which are higher percentages than previous readings.

  • The industrial production index rose on an annual basis in February, recording a growth of 5.7%, which is higher than the previous reading (4.1%).

  • The trade balance index rose in March, recording a deficit of $15.60 billion, which was higher than the previous reading (-18.71B) and its highest percentage in 11 months.

The CPI fell on an annual basis in India a week ago, recording 4.85% for the month of March, which is lower than expectations (4.91%) and the previous reading (5.09%), but still far from the target rate of 4% by the Reserve Bank of India.

As for Indian stocks, the Nifty 50 index rose by about 8% from the bottom of January 24 this year, which recorded 21,137 points, to the peak that it recorded on April 10, 22,775 points. The index is currently hovering near the 22,000 point level. The GOLDEN CROSS crossover between the 50-day moving average in blue at 22,169 points and the 200-day moving average in yellow at 20,640 points remains in place, indicating upward momentum for the Nifty 50 index.

Although Indian stocks recorded record levels in addition to high valuations of about 20 times, it seems that the upward trend for Indian stocks will prevail in the next stage, especially with the expectations of continued foreign investment flows into the Indian markets.

According to JP Morgan Chase, investment flows in India may reach $100 billion in the coming years.

It is worth noting that the Indian Stock Exchange surpassed the Hong Kong Stock Exchange in terms of market capitalization during this year to become ranked fourth globally.

India is preparing for the largest parliamentary elections in the world starting today and lasting for 6 weeks.

Please note that this analysis is provided for informational purposes only and should not be considered as investment advice.

Taurex is the trading name of Zenfinex Global Limited, Stochastic Africa SL Ltd, Zenfinex Global LLC, and Zenfinex Limited.

Zenfinex Global Limited is registered in the Republic of Seychelles with registration number: 8428731-1 and is regulated by the Financial Services Authority of Seychelles (license number SD092). Its registered office address is F20, 1st Floor, Eden Plaza, Eden Island, Seychelles.

Stochastic Africa (SL) Limited is a company registered in Sierra Leone with Company Number: SL270319STOCH05271 and is licensed by the Bank of Sierra Leone under license number BSL/SAL/2023 and with the registered office at 148D Wilkinson Road, Freetown, Sierra Leone.

Zenfinex Global LLC is a company registered with the Financial Services Authority in Saint Vincent and the Grenadines under registered number 138 LLC 2019. Its registered office is Hinds Building, Kingstown, Saint Vincent, and the Grenadines.

Zenfinex Limited is a company registered in England and Wales under registered number: 11077380. Authorised and regulated by the Financial Conduct Authority under firm reference number 816055. Its registered office is 4th Floor, 4 Eastcheap, London, EC3M 1AE, United Kingdom.

*All trading involves risk.

Back

Popular Posts

Japanese Yen Under Pressure: Upcoming Elections and Record Debt

FTSE 100 Index Maintains Historic Uptrend Despite Global Challenges

With market optimism and U.S. congressional support: Bitcoin eyes unprecedented levels

Silver Prices Continue to Rise, Outperforming Gold and Global Indices

Lorem Ipsum

Lorem ipsum dolor sit amet, consectetur adipiscing elit.

Here are some related articles you may find interesting:

Market Insights​

July 18, 2025

Japanese Yen Under Pressure: Upcoming Elections and Record Debt

The USD/JPY pair continues its upward trend, reaching 149.19 on Wednesday, July 16 — the highest level since April 3, 2025. It is currently trading...

Market Insights​

July 17, 2025

FTSE 100 Index Maintains Historic Uptrend Despite Global Challenges

The UK’s FTSE 100 index rose to a record high of 9,042 points on Tuesday, July 15, 2025. It has gained approximately 20% since the...

Market Insights​

July 16, 2025

With market optimism and U.S. congressional support: Bitcoin eyes unprecedented...

Bitcoin prices reached a new all-time high of $123,279 on Monday, July 14, 2025. The cryptocurrency has surged 26% since its recent low of $98,000...

Market Insights​

July 15, 2025

Silver Prices Continue to Rise, Outperforming Gold and Global Indices

Silver continues its upward trend, having reached $39.13 yesterday — the highest level since September 22, 2011. The main challenge ahead lies in breaking through...

Ready to Elevate Your Trading Journey?

Open a Taurex account and start trading today.

We’re Sorry

Access to tradetaurex.com
is unavailable in your region

tradetaurex.com is required to abide by global laws and therefore the information on this site is not directed at residents of the United States, Canada, North Korea, Iran, Myanmar, Belgium, Spain, France, Japan, South Korea or any particular countries and is not intended for distribution to, or use by, any person in an country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Live account Registration

1 Hour Trading Consultation

Chat on WhatsApp