16 Sep 2025 | 5 Mins Read
Indian stocks may have dropped up to 30% without mutual fund support
Flipitmoney
Chris Wood, Jefferies' global head of equity strategy, attributes Indian shares' underperformance to their premium valuation. Wood predicts a 'healthy consolidation' in Indian stocks, supported by strong MF inflows, offsetting 20-30% lower prices due to foreign selling. A potential market rally could come from a rate cut, GST reforms, or rising nominal GDP and resolution of Trump tariffs.