Cricket Fever Portends Boost for India Travel and Alcohol Stocks
- Investors expect a strong December quarter, Jefferies says
- World Cup may add as much as $2.6 billion to India’s economy
Cricket legend Sachin Tendulkar with the World Cup trophy before the start of the opening match in Ahmedabad on Oct. 5.
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Indian stocks primed for the country’s hosting of the Cricket World Cup have spiked leading up to the 45-day event’s start. More gains may be in the pipeline.