Bahamas India

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  1. Credit Suisse sees government spending as catalyst for Indian market in 2016; the impact of global weakness remains a concern

    Credit Suisse believes the implementation of the 7th Central Pay Commission will start an INR 4.5 trillion consumption stimulus that can help accelerate India’s economic recovery. The risks to the market remain in global linkages: both from continuing redemption-based selling by foreign investors, as well as high revenue linkages for the larger listed stocks.