Indian Market Outlook: According To Franklin Templeton, The Indian Market Is Worth Looking At, And The Long-Term Prospects

Franklin Templeton analysts believe that the situation appears to be changing and that investors are taking another look at Indian equities

Despite recent difficulties, such as the banking crisis affecting the US and Europe, India’s economy has proven to be robust.

As investors were concerned about the value despite the likelihood of slow economic development, the Indian market lagged behind its significant international counterparts.

According to Rajah, the MSCI India Index-based Indian stock price-earnings ratio now stands at 24.13.

Since last year, there has been pressure on Indian IT firms due to worries about a downturn in the US and important European markets.