Emerging markets are expected to return close to 100 percent over the next two years, according to Bofa-ML strategist Ajay Kapur. However, unlike the broader emerging markets, returns on equity in for MSCI India have been on a declining trend, the strategy note added. But the rise in emerging markets is likely to have a “positive rub-off” on India, it added.
BofA Merrill Lynch said that Indian equities benefitted from the global asset inflation and the “global fortunes” will have a large impact on prices in the country in 2018.
Read more at https://www.bloombergquint.com/markets/2017/12/11/india-may-not-share-the-good-fortunes-of-emerging-markets
BofA Merrill Lynch said that Indian equities benefitted from the global asset inflation and the “global fortunes” will have a large impact on prices in the country in 2018.
Read more at https://www.bloombergquint.com/markets/2017/12/11/india-may-not-share-the-good-fortunes-of-emerging-markets
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