Economics
Stock Rally in India Faces Hurdles Despite World-Beating Growth
- Investors, strategists see some risks to the nation’s stocks
- The nation’s GDP grew 8.2 percent, beating the median estimate
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Another thousand-point milestone is within reach for India’s benchmark equity index.
Following the drubbing earlier this year, the S&P BSE Sensex is nearing the 39,000 level, the gauge’s third round-number mark since surpassing its life-time peak two months ago -- a rally that’s helped the gauge cement the tag of Asia’s best performer this year.