Global fund managers are dumping Indian banking and oil stocks to chase AI and semiconductor opportunities in the US and East Asia. While India boasts strong loan growth, geopolitical oil volatility and compressed margins have driven foreign investors to look for better returns elsewhere.
Foreign fund managers are divesting from Indian banking and oil & gas stocks, shifting focus to AI and semiconductor sectors in the US and East Asia. This move is driven by geopolitical oil volatility and compressed margins in India, despite robust loan growth. Investors seek…
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