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BofA sees foreign exodus from Dalal Street extending into 2027

As reported by Stocks-Markets-Economic Times
Indian stocks are underperforming globally. Foreign investors are unlikely to return before 2027 or 2028. This is due to earnings downgrades and a weakening rupee. Other Asian markets are attracting investment with AI-linked plays. India's valuations remain expensive compared to markets like South Korea. Domestic investors are focusing on mid and small-cap stocks.
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