After US, India is the easiest place to list a company, says Blackstone's chief operating officer Jonathan Gray
Indian markets moved higher in an infrastructure development.
· Economic Times Markets
Blackstone's chief operating officer Jonathan Gray has stated plans to increase their investment in India to $100 billion. He highlighted positive sentiments surrounding India's economy, which is growing over 7%. Gray acknowledged recent concerns like rising energy costs but emphasized robust economic momentum.
The analysis
Infra spending is both an economic-cycle signal and a direct order pipeline for capital-goods names.
Market context
- Sectors in the story: Financial Services and Infrastructure.
Financial Services
1M -8.8% · 3M -14.9%
Infrastructure
1M -10.5% · 3M -15.8%
Sector moves are the average of the stocks we track in each sector.
In this story
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