Much will depend on interest rate expectations now central banks are mostly done with a season of aggressive rate rises since the COVID pandemic to dampen a burst of inflation still not completely under control.
India Business News: India's stock market is expected to reach new highs in the next six months, driven by the sustained growth of the country's economy. The market is for
By reducing their stakes in the companies they founded or manage, insiders are creating space for local and foreign institutional investors to amass the kind of sizable positions they have long been unable to build. Nearly half of all publicly traded shares have been squirreled away by insiders, at a time when investors have begun to view India as a rare source of rapid growth in the global economy.
“With valuations generally at fair levels relative to the macro backdrop, we expect earnings to be the main driver of returns,” strategists including Timothy Moe wrote in a note, referring to Asia markets. The investment bank cut Hong Kong-listed Chinese companies to market-weight and Hong Kong firms to underweight.