Experts expect the Indian market to return to record levels of 2006

The profitability of companies, traded on the Indian stock market, which this year demonstrates the best results among Asian markets, may return to record levels of 2006, experts at BNP Paribas Asset Management believe. In their opinion, this is possible if India does not take measures that have recently forced the company to change the methods of doing business, which has undermined the economy. According to the forecasts of BNP Paribas experts, the profitability of companies traded within the NSE Nifty 50 index for the year started on April 1, will grow by an average of 21%. It is also expected that the results of companies that receive the majority of their revenue from sales in India will be higher than the results of companies dependent on global markets.

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