Business · Markets · 12 hrs ago

HSBC and Citi Turn More Bullish on Indian Stocks

HSBC and Citi Turn More Bullish on Indian Stocks

HSBC and Citi are more optimistic about Indian stocks.

The shift comes as Indian shares rise at their fastest pace in more than four years.

The market has also attracted record foreign investment.

These inflows show that overseas investors are putting unusually large amounts of money into Indian stocks.

The combination of a strong rally and record inflows is drawing greater confidence from global banks.

No next step or forecast is specified.

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