What Next for the Indian Stock Market

As the government approves 36 new infrastructure projects, we investigate whether this will mean a change in fortune for the Indian economy

Emma Wall 09 September, 2013 | 13:45
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The Indian government has approved 36 new infrastructure projects in a bid to give the ailing economy a boost. Energy and transport projects worth £17.7billion have just been given the go ahead by the Indian government including oil and gas developments, transport links and new roads.

Finance Minister P Chidambaram said that the government was sending a message that “the investment cycle has restarted, and we are pushing it”.

This message could not come soon enough. The Indian currency has dipped to an all-time low against the dollar and the stock market is experiencing unattractive levels of volatility.

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Emma Wall  Emma Wall is Editor for Morningstar.co.uk

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