Markets dumped India for AI stars. BlackRock says that’s a mistake
BlackRock believes India's equity market is unfairly penalized for its limited direct AI exposure and oil price sensitivity. Despite record foreign outflows and a challenging
BlackRock believes India's equity market is unfairly penalized for its limited direct AI exposure and oil price sensitivity. Despite record foreign outflows and a challenging macro environment, the asset manager remains constructive on India's medium- to long-term prospects, citing strong demographics, infrastructure, and financial sector strength. They see potential for indirect AI-related opportunities and favor sectors like financials.
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