The surge in the Sensex stock index to an all-time high in November has come amid signs that Prime Minister Modi is now more willing to push through wideranging reform following the BJP’s decisive victories in two key state elections last month. Domestic investors continue to drive the rally, but foreign investors have also regained their appetite for Indian equities.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services