CLSA has turned relatively positive on India, citing renewed global investor interest and a revival of the “India TINA (There Is No Alternative) trade”.
\n\nIndia has outperformed emerging markets by nearly 25 percentage points in six weeks as investors diversify beyond the artificial intelligence (AI) trade.
\n\nIndia is increasingly being viewed as a diversified investment opportunity by global investors.
\n\nDespite having fewer listed AI-focused companies, India is well positioned through its talent pool and expanding Global Capability Centres (GCCs).
\n\nCompanies that successfully adopt AI to improve productivity could benefit more than those directly developing AI technologies.
\n\nCLSA expects inflation to peak at around 6.25% in December before easing in early 2027.
\n\nIndia’s GDP growth is expected to moderate to around 6% in the second half of the fiscal year, with growth in the March quarter potentially falling below that level.
\n\nCLSA expects the Reserve Bank of India to deliver one final rate hike in December, with weaker growth and easing inflation likely to limit further tightening.
\n\nPrevious Session Maximum positions: 25,400 Call
\n\n25,350 is the most active call option 25,300 is the most active put option PCR 1.05 from 1.00 in the previous session PCR Slips From Previous Hour Hints…
Original source: https://www.cnbctv18.com/technology/
