Investment shift favors India and China emerging markets

economictimes.indiatimes.com

Ajay Bagga, a market expert, reports a shift of investment from U.S. markets to emerging markets, particularly benefiting India and China. Global brokerages are now recommending Indian stocks, signaling a positive change in market sentiment. The Reserve Bank of India has implemented liquidity measures and potential rate cuts, which may support economic growth. Midcap stocks are expected to outperform as the Indian economy shows signs of recovery after a challenging period. Despite ongoing uncertainty in the U.S. market, Bagga emphasizes that India's banking sector remains strong. He predicts that as the economy improves, banks will play a crucial role in funding growth.


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