Markets

Ridham Desai: An Indian bear market rally?

Part 2, July 11: India will experience a bear market rally after Indian stocks fell more than 20 per cent in June, according to Ridham Desai, Morgan Stanley's managing director and equity strategist in India. He also tells Joe Leahy, FT Mumbai correspondent, how oil price inflation has had a large impact on India and been a major factor in monetary policy.