Chris Wood

stock market correction: Shock election results, tax tweak may trigger equity correction on Dalal Street: Chris Wood, Jefferies

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stock market correction: Shock election results, tax tweak may trigger equity correction on Dalal Street: Chris Wood, Jefferies

A “surprisingly bad outcome” in national elections, and any changes in capital gains tax in upcoming July budget could act as triggers for a near-term correction in Indian markets, Christopher Wood, global head of equity strategy at Jefferies said. While a shock BJP defeat in 2024 elections is “extremely unlikely”, markets could correct even more … Read more

Chris Wood: India’s best equity story on a 10-year view: Chris Wood

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Chris Wood: India’s best equity story on a 10-year view: Chris Wood

Mumbai: Brokerage Jefferies’ global strategist Chris Wood said he continues to believe that India is the best equity story in the world on a ten-year view. In his GREED & Fear newsletter, Wood said the Indian market-especially mid-caps-looks expensive but these valuations must be seen in the context of acceleration in growth led by a … Read more