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Equities
India equities post-election outlook
The Indian election was narrowly won by Narendra Modi's Bharatiya Janata Party (BJP), but what are the investment implications. Find out more.
Following the inclusion of India government bonds into JPMorgan’s emerging market sovereign bond index, MSCI raised India’s weightage in Global Standard (Emerging Markets) index to 16.3% from 15.9% in its latest rebalancing.1 The adjustment is expected to attract a net inflow of $1.5 billion.2
There are countless investment opportunities in India, and we selected four fundamental trends that are worth long-term investors’ attention. Based on these trends, we are positive on financials, manufacturing and consumers sectors.
Source: Goldman Sachs
Source: NFHS, IndiaDataHub, Macquarie Research, August 2023
Source: OECD, World Bank, CEIC, HSBC
This is Part 2 of a two part series on Indian equities. Part 1 was published on 29 November, 2023.
India equities post-election outlook
The Indian election was narrowly won by Narendra Modi's Bharatiya Janata Party (BJP), but what are the investment implications. Find out more.
Indian equities - the fundamentals, trends and beyond (Part 3)
The Indian stock market has demonstrated robust growth, resulting in above-average valuations. Read on to learn the reasons behind this.
Why invest in the emerging markets without China?
Emerging markets ex China are offering investors substantial opportunities, helping them diversify portfolios and reduce country concentration risk. Find out more.
1 Reuters, 15 November 2023
2 Mint, 15 November 2023
3 Bain Analysis
4 Macquarie Research, August 2023
5 CRISIL Research, December 2022
6 Bloomberg, 13 April 2023
7 Deloitte, June 2021
For complete information on risks, refer to the legal documents. The value of investments and any income will fluctuate (this may partly be the result of exchange rate fluctuations) and investors may not get back the full amount invested.
Data as at January 5th 2024, unless otherwise stated. This is marketing material and not financial advice. It is not intended as a recommendation to buy or sell any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. Views and opinions are based on current market conditions and are subject to change.
EMEA 3408946