Foreign investors will 'rediscover India' as earnings growth stays strong, says Blackstone's Jon Gray
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Blackstone President Jon Gray said foreign investors will return to India as the economy grows over 7%.
- ✓He noted that strong corporate earnings projections support the long-term investment case.
- ✓"I think foreign investors, as they look for growth around the world, will rediscover India," Gray said in an interview.
Story at a Glance
- Category
- MARKET
- Reported By
- cnbctv18
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Blackstone President Jon Gray predicts foreign investors will return to India, driven by strong GDP growth exceeding 7% and solid mid-teens corporate earnings projections.
Foreign investors could return to Indian markets as they search for growth opportunities around the world, despite recent portfolio outflows and a correction in equity valuations, according to Blackstone President Jon Gray.
Gray said India's GDP growth of more than 7% and projected corporate earnings growth at a mid-teens rate in the third quarter supported the long-term investment case, even as concerns over energy prices, valuations and artificial intelligence (AI) weighed on market sentiment.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
cnbctv18
Read the full, original unfiltered story directly on the publisher's portal.