Kanpur Wealth Management：Envastable INDIA market
Source: Snowball APP, Author: Leek Investment Research, (Kanpur Wealth Management
The Indian stock index rose from more than 3,200 points in 2003 to more than 72,000.
For 20 years, long cows.
From more than 1,500 points in 2003, the rise index has gone up to more than 2881 points now.Pune Wealth Management
The reason is that everyone knows that the management has risen risks. At the enterprise level, the listing of listing is completed. When the investment institutions are harvested for a round, the small umbrella is pulled up.
Domestic companies also make money, and stocks are not up.Ding -increase, debt issuance, re -financing for several rounds, until bankruptcy.
It is difficult to change the system and there are long cows, only soaring buffalo when leaving waterUdabur Stock!Agra Investment
Second, GDP growth
1. India’s economic growth expectations in 2024Guoabong Stock
On January 5th, the National Bureau of Statistics of India stated that, driven by the growth of government expenditure and the rise of manufacturing, it is expected that the GDP growth rate of GDP in fiscal year as of March will reach 7.3%year-on-year.The market is expected to be 6.7%, and the economic growth rate of India in the last fiscal year was 7.2%.
The Indian National Bureau of Statistics predicts that manufacturing accounts for about 17%of GDP, an increase of 6.5%year-on-year in 2023-24, and 1.3%in the previous fiscal year.Data show that the output of the construction industry is expected to increase by 10.7%, which is higher than 10%of the previous year.
2. India’s economic growth expectations in 2024
On January 9, the Indian Academy of Sciences Prediction Science Research Center held the "2024 Indian Economic Forecast and Prospects" and Indian Economic Development High -end Forum.The prediction results show that my country’s economy will run smoothly in 2024, and the annual GDP growth rate is expected to be about 5.3%.It is expected that the value -added growth rate of the first industry in 2024 is 4.5%, the growth rate of the second industry is 4.5%, and the growth rate of the tertiary industry will be 6%.Consumption, investment, and net exports to the growth of GDP growth are 3.7, 1.9 and -0.3 percentage points, respectively.It is estimated that my country’s economic growth will show a low front and high in 2024. The first quarter is about 5.0%, the second quarter is about 5.3%, the third quarter is about 5.5%, and the fourth quarter is about 5.4%.
Third, foreign trade import and export
1. Beijing, January 12 (Reporter Du Haitao) According to customs statistics: In 2023, the total value of my country’s import and export was 4.1.76 trillion yuan, an increase of 0.2%year -on -year.Among them, exports were 23.77 trillion yuan, and imports were 17.99 trillion yuan.The import and export of goods in my country is better than expected, and the quality of promoting stability.
Foreign trade operations are generally stable, and the situation is obvious in the fourth quarter.The scale of imports and exports rose quarter by quarter, with 9.69 trillion yuan in the first quarter, and in the second, third, and fourth quarters was above 10 trillion yuan.Among them, the import and export in December was 3.81 trillion yuan, a record high of a monthly scale.
Fourth, Indian opportunity
There are also QDII off -site funds that follow India in the A -share market
There are many ETFs that follow India in the US market.
There are also Indian companies listed in the United States.
The above are optimistic about the Indian market and investing in Indian companies.
$ India Industrial Credit Investment Bank (IBN) $
$ HDFC Bank (HDB) $
$ India ETF-WISDOMTREE (EPI) $
There is also MSCI, and other Indian concept stocks listed in the United States will not be listed one by one.
Udabur Investment
