A stable rupee, and the consistent outperformance of Indian equities over other markets are among the key reasons drawing NRIs to India’s stock market.
The sector was among the worst performing in terms of returns (in low single digits) posted for the investors from FY15-19. Due to the structural changes, manufacturing stocks performance has been better than its peers
Indian exporters are benefitting from the alternate supply chains trends witnessed across the western region to de-risk from China, particularly in the post-Covid and high-tension geo-political environment, Brokerage firm Emkay Investment Managers said.