Citigroup sees 10% gain for Indian stocks in 2025 on earnings

Citi joins Morgan Stanley in predicting double-digit returns for India's market. Morgan Stanley expects the BSE Sensex to rise by 18% in 2025, driven by strong retail buying outpacing new share supply. In 2024, individual investors purchased a record 1.5 trillion rupees worth of stocks, and domestic flows are anticipated to support the market amidst global challenges.