India's Equity Outlook Brightens Amid Easing Geopolitical Tensions

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A potential diplomatic resolution to Middle Eastern conflicts, notably reports of a tentative “Islamabad Accord” between the United States and Iran, is providing significant tailwinds for Indian equities. The iShares MSCI India ETF has surged by 19% due to easing oil prices and strong performance in financial services, information technology, and consumer goods sectors. Market attention is now turning to the Reserve Bank of India’s policy decision on Wednesday, which is expected to hold the repo rate steady at 5.25%.

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