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Indian Stocks May Jump 14% in 2013 on Policy, Deutsche Bank Says

India’s benchmark stock index may advance a further 14 percent this year if the Indian government and central bank sustain policy measures to boost economic growth, Deutsche Bank AG wrote in a report released today.

The BSE India Sensitive Index, or Sensex, may rise to 22,500, led by financial, energy, industrial, material and information technology stocks, according to the report by Deutsche Bank strategists Abhay Laijawala and Abhishek Saraf.