Investors Turm Wary Of Crowded India Trade

Posted on by http://wealthcreation.club
🇮🇳 🇮🇳 Citigroup Inc. and Societe Generale SA have downgraded India, while foreigners have sold a net $3.8 billion of local shares so far this year, the highest in emerging Asia outside of China. Multi-asset investors are favoring rupee bonds over the South Asian nation’s equities, and some say the money flows out of China may be slowing as the country steps up its market rescue efforts
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