Gail (India) stock rating downgraded by ICICI Securities on lower tariff

Wall Street analysts are predicting a rebound in Indian markets following a challenging year characterized by significant underperformance, marking one of the worst periods for the market in decades. This optimism comes as major financial institutions reassess their outlook on India's economic potential.

India's economy has demonstrated unexpected resilience, with Prime Minister Narendra Modi describing the latest GDP figures as 'very encouraging,' defying expectations amid global trade tensions and tariffs imposed by the U.S. government.

India has reported its fastest economic growth in six quarters, indicating resilience amidst global trade strains. This growth reflects a robust performance in various sectors, contributing positively to the overall economic landscape.

India is anticipating a trade deal with the United States by the end of the year, as stated by a senior official, which reflects ongoing efforts to strengthen economic ties between the two nations. This development comes amid a backdrop of global trade tensions and tariffs that have impacted various economies.

India's economy has shown remarkable growth, expanding by 8.2% in the July-September quarter, surpassing forecasts and indicating strong economic resilience. This growth is particularly notable amidst global trade tensions and challenges posed by tariffs from the U.S. government.