What Next for the Indian Stock Market?

As the government approves 36 new infrastructure projects, we investigate whether this will mean a change in fortune for the Indian economy

Emma Wall 27 August, 2013 | 4:05PM

The Indian government has approved 36 new infrastructure projects in a bid to give the ailing economy a boost.

Energy and transport projects worth £17.7billion have just been given the go ahead by the Indian government including oil and gas developments, transport links and new roads.

Finance Minister P Chidambaram said that the government was sending a message that “the investment cycle has restarted, and we are pushing it”.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
BGF India A234.38 USD-0.23
Fidelity India Focus A-GBP6.66 GBP0.05
JPMorgan Indian Ord588.09 GBP1.22
Jupiter India97.99 GBP0.25
Stewart Inv Indian Sbctnt Sustnby A GBP5.17 GBP0.59

About Author

Emma Wall  is former Senior International Editor for Morningstar

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