According to experts of BNP Paribas Asset Management, earnings of companies listed in India stock market that shows best results among Asian markets this year might get back to record levels of 2006, Bloomberg reports.

It will happen if country does not implement any new disturbing economic policies. A whole range of measures taken by government recently made companies change the way they do business.

Indian equity index S&P BSE gained 11% this year thanks to recovery of economic growth and corporate earnings.

BNP Paribas expects that profitability of companies traded within index NSE Nifty 50 will grow by 21% in average during the year started on April 1.

Investment company also expects that firms getting most of their sales from India will show better results that those exposed to global markets, as they are less affluent by volatility coming from US-China trade war and money supply tightening.