India overtakes Indonesia as Asia's least-favoured stock market
- A Bank of America survey of fund managers found 32% are underweight on Indian stocks — making India the least preferred stock market in Asia, replacing Indonesia.
- The four main reasons: India has little exposure to the AI boom, economic growth is slowing, valuations are high and key reforms have not happened.
- Despite this, global funds bought over $4 billion worth of Indian stocks this quarter.
- Japan is now Asia's most preferred market, followed by China, as investors rotate toward markets with clearer AI and growth stories.
Source: indiatoday.in
Get 100 stories a day on the app
Read, watch & listen · Free on iOS & Android
