

India stocks reverse 2025 losses on back of liquidity easing, and fiscal spending
Indian stocks have erased this year’s losses as early signs of a pickup in government spending and monetary easing buoys sentiment.
The benchmark NSE Nifty 50 Index climbed as much as 1.3% on Monday, and is set for a six-day winning streak, the longest since September last year.
Early signs of a recovery is visible with global banks, including Citigroup Inc., signaling that the selloff since last September has eased concern around the market’s expensive valuation. The central bank’s liquidity infusion and rate cut in last meeting also drove optimism.
“Confidence is coming back. We are seeing a convincing recovery in various stocks and this rally definitely seems to have legs,” said Sonam Srivastava, founder of Wright Research in Mumbai. “There is expectation of earnings bottoming out,” she added.
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The Nifty is up about 7% from its lows made in the first week of March, after declining as much as 16% from its September high. An economic downturn and persistent foreign selling led the downturn.
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Read on economictimes.indiatimes.com