Branch2 Intelligence
US rally vs India story? Wealth managers explain why NRIs should stay the course for next 10 years
Key takeaway
Wealth managers advise NRIs to stay invested in India for the long term, citing structural growth.
- Step 11st-order: Wealth managers publicly advise NRIs to stay invested in India for the long term.
- Step 22nd-order: NRIs increase or maintain equity allocations to India, boosting domestic liquidity.
- Step 33rd-order: Sustained NRI inflows support Indian equity valuations and reduce cost of equity for Indian companies.
Source: Economic Times (Markets)
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