Story continues below Advertisement
India’s market has grown substantially, attracting truly global funds with the ability to invest anywhere in the world. In the past, during the peak of China’s market, global funds typically held two or three China e-commerce internet stocks in their portfolios.
However, this trend has largely changed, with global investors now favouring one, two, or three mega-cap Indian stocks, according to Jonathan Garner, Chief Equity Strategist for Asia and Emerging Markets at Morgan Stanley.
Story continues below…
Read More…