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India Strategy - ‘Stock Melt-Up’ Reduces Forward Equity Return Prospects: ICICI Securities

Emergence of global market risk in August 2024, driven by the fear of an impending U.S. recession and unwinding of yen carry trade had begun to curb the melt-up in stocks, says the brokerage.

<div class="paragraphs"><p>Crystal globe with stock information. (Source: Freepik)</p></div>
Crystal globe with stock information. (Source: Freepik)
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