MUMBAI: After two trade deals lifted a key overhang on Indian equities, investor attention is shifting back to the market’s persistently weak earnings outlook. Persistent geopolitical risks and pockets of economic slowdown have dulled the appeal of Indian equities since the start of 2025. Over the past 12 months, the MSCI India Index has gained 8%, with dollar returns eroded by rupee weakness. In contrast, the MSCI Emerging Markets Index has surged almost 38%. Indian equities are on track for a second straight week of foreign inflows – a streak not seen since October.

Source: The Star February 09, 2026 08:55 UTC