Modi stocks struggle as Maharashtra polls set for a close finish
Indian stocks are showing signs of becoming more affordable, but there's a possibility of further earnings downgrades for small and mid-cap companies. The downturn in 'Modi stocks' reflects waning confidence in the current administration's economic policies. Meanwhile, consumers face rising gas prices, adding to the financial strain. However, Indian equities are starting to appear less overvalued.
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Indian stocks are showing signs of becoming more affordable, but there's a possibility of further earnings downgrades for small and mid-cap companies. The downturn in 'Modi stocks' reflects waning confidence in the current administration's economic policies. Meanwhile, consumers face rising gas prices, adding to the financial strain. However, Indian equities are starting to appear less overvalued. 
