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via economictimes.indiatimes.comAsset Management

BlackRock stays cautious on Indian equities despite cheaper valuations

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

BlackRock Investment Institute has not yet adopted a bullish stance on Indian equities due to ongoing uncertainties. The firm anticipates greater clarity on corporate earnings and energy prices before changing its outlook. Despite elevated energy costs, India's economic…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA major manager's stance on India can influence flows into Indian equities.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01BlackRock Investment Institute has not yet adopted a bullish stance on India.
  2. 02The firm awaits more clarity on corporate earnings and energy prices.
  3. 03Foreign investors have been net sellers of Indian equities for several months.

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