Bernstein downgrades Indian stocks on valuation concerns
Business Standard|October 11, 2024
Bernstein Societe Generale Group's Asia quant strategists have downgraded Indian stocks due to valuations, while predicting further upside for Chinese equities on a policy boost.
Bernstein downgrades Indian stocks on valuation concerns

India's market seems "to be quite vulnerable in the near-term driven by record high relative valuations to China and emerging markets," quant strategists Rupal Agarwal and Cheng Zhang wrote in a note Thursday.

This story is from the October 11, 2024 edition of Business Standard.

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This story is from the October 11, 2024 edition of Business Standard.

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