BlackRock’s Ben Powell is increasingly optimistic about Indian equities following a period of underperformance. He believes foreign investor selling may be concluding, with potential for renewed inflows. Powell notes India’s valuations are now more reasonable compared to other emerging markets, and earnings forecasts appear encouraging for the next six to twelve months. He also touches upon the AI boom and US bond yields, suggesting a cautious yet constructive outlook.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets