Why monsoon may play a bigger role in the stock market this year

Ravi Ananthanarayanan • June 03, 2024 / 12:36 IST

If predictions of an above-normal monsoon come true, then its contribution to GDP will also grow but the spillover effects can benefit stock market investors too

A better monsoon could lead to higher valuations for companies that have a significant share of their income coming from rural areas

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