indian stock market: Chinese, Indian stocks favored by abrdn on policy boost hopes

indian stock market: Chinese, Indian stocks favored by abrdn on policy boost hopes

Abrdn Plc prefers Chinese and Indian stocks over their Japanese peers in the next three to six months, betting that the right policy moves would help the two emerging markets lure fund inflows.Should “high frequency data points continue to surprise on the upside, and at the same time we’ve seen policies being pushed through, that’s … Read more

BlackRock stays bullish on Indian bonds after narrow Modi win

BlackRock stays bullish on Indian bonds after narrow Modi win

The coalition of parties led by Modi is unlikely to deviate from the path of fiscal consolidation, and cooling inflation will allow the Reserve Bank of India to embark on easing later this year, according to Neeraj Seth, chief investment officer and head of APAC fundamental fixed income at BlackRock. “It’s actually a good time … Read more

Abrdn adds Indian bonds amid index Inclusion, attractive yields

Abrdn adds Indian bonds amid index Inclusion, attractive yields

“We’re very positive about India,” said Stephen Bird, chief executive officer of the firm that manages and administers £495 billion ($626 billion) in assets. Still, he sees the market facing some uncertainty ahead of the national elections starting next month. India’s debt market is projected to attract up to $40 billion of new money with … Read more