Branch² Intelligence
India's premium has almost entirely disappeared now: Ben Powell, BlackRock
Key takeaway
BlackRock's Ben Powell says India's valuation premium has nearly disappeared, making Indian equities attractive.
- Step 11st-order: BlackRock's positive outlook on Indian equities signals reduced valuation premium, attracting foreign inflows.
- Step 22nd-order: Renewed FII inflows boost Indian stock prices and strengthen the rupee, affecting UK-India trade costs.
Source: IN:Economic Times
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