由Samie Modak和Siddhi Nayak撰写 阿蒙迪SA的研究机构认为，在高油价和持续外资流出导致的严重抛售之后，印度股票有望出现反弹。
SA’s research arm sees scope for a rebound in Indian equities after a steep selloff fueled by high oil prices and persistent foreign outflows.
伊朗战争的结束可能成为印度的转折点，鉴于其对石油进口的依赖，阿蒙迪投资研究院全球宏观经济和新兴市场策略主管Alessia Berardi在上周于孟买的一次采访中表示。“我持相当乐观的态度，”她补充道，并引用了私人投资改善和其他经济数据。
An end to the Iran war may prove a turning point for India given its reliance on oil imports, Alessia Berardi, head of global macroeconomics and emerging markets strategy at Amundi Investment Institute, said in an interview in Mumbai last week. “I’m quite positive,” she added, citing improving private investment and other economic data.
Berardi的乐观情绪是在印度股票遭遇艰难一年之后产生的。基准NSE Nifty 50指数已下跌近14%，成为亚洲表现最差的指数之一，因盈利增长疲弱以及超过300亿美元的外资流出，股票和卢比承压。
Berardi’s optimism follows a bruising year for Indian equities. The benchmark NSE Nifty 50 Index has fallen nearly 14%, among Asia’s worst performers, as subdued earnings growth and more than $30 billion of foreign outflows weighed on shares and the rupee.
对于全球投资者而言，中东冲突的结束可能成为一个“转折点”，Berardi表示。自2月下旬以来，美伊冲突一直给依赖石油的经济体如印度带来压力，霍尔木兹海峡的供应中断推高了原油价格和通胀。
For global investors, an end to the Middle East conflict may be a “tipping point,” Berardi said. The US-Iran war has pressured oil-dependent economies such as India since late February, with disruptions to supplies through the Strait of Hormuz driving up crude prices and inflation.
Berardi青睐与印度国防和制造业相关的公司，这些公司今年股价大幅上涨。一个国防股票指数已上涨超过16%，表现优于全球同类指数，因为印度正在加速国内装备生产。
Berardi favors companies tied to India’s defense and manufacturing sectors, which have rallied sharply this year. An index of defense stocks has gained more than 16%, outperforming global peers as the country ramps up domestic equipment production.
印度央行本月将财政年度增长预期从6.7%上调至7.1%。经济在6月季度增长7.8%，国内需求保持韧性。
India’s central bank this month upgraded its fiscal year growth forecast to 7.1%, from 6.7% previously. The economy expanded 7.8% in the June quarter as domestic demand remained resilient.
“如果你看股票市场，你会看到对印度的悲观预期，但我目前更倾向于另一种观点，”Berardi说。“我看到了良好经济表现的萌芽。”
“If you look at the equity market, you have this pessimistic perception on India, but I’m more in the other camp right now,” Berardi said. “I’m seeing the seeds of a good economic performance.”