JP Morgan Upgrades India To ‘Overweight’ From ‘Neutral’ Ahead Of Elections
MUMBAI: JPMorgan has upgraded the domestic markets to ‘overweight’ (OW) from ‘neutral’ on the “positive historical seasonality to general elections.” The investment bank joins US-based peer Morgan Stanley to flag preference for the Indian markets, which has been the leading performer in the emerging market (EM) pack since 2021. JPMorgan sees cyclical and structural tailwinds […]
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