A heavy monsoon season is great news for these Indian stocks - Qoneqt
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    Veneetha Vitthal Gujaran in India

    18 May 08:00 AM


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    A heavy monsoon season is great news for these Indian stocks

    A recovery in rural stocks is also positive news for India’s broader stock market, which has seen significant growth in recent years, primarily driven by investment-heavy firms reaping the benefits of increased government infrastructure spending. Additionally, abundant rainfall can help the central banks efforts to control inflation by stabilizing food prices, thereby enhancing the prospects for Indias economic growth and corporate earnings.