Is India Sitting On A Razor’s Edge? SeekingAlpha

"The Indian stock market has had an incredible run as of late, up over 25% in the past 7 months. But under the hood, all may not be well, and India has the makings of a country heading toward its worst crisis since former Finance Minster (now Prime Minister) Manmohan Singh’s early 1990’s economic liberalization ushered two decades of prosperity.

Technically speaking, despite the sharp rally, India remains in a longer-term downtrend against Emerging Markets as a whole. Why are we seeing this? "

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