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Stocks in India Set to Rebound After 3-Month Drop, History Says


“There is a strong case for July bullishness,” according to Karthick Jonagadla, a founder of Mumbai-based Quantace Research. Nifty stocks are now trading at 19.5 times their earnings on trailing basis, the cheapest level since February 2016, which boosts the case for a recovery, he said. 





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