Investors turn bullish on Indian stocks after a year of underperformance

Investors turn bullish on Indian stocks after a year of underperformance

Key Points Investors said Indian valuations have become cheaper compared to other emerging markets, and the domestic economic outlook is improving. “We think Indian equities now look attractive on a regional basis and upgrade the market to overweight (from neutral),” HSBC analysts said. Market participants said the 50% tariffs imposed on Indian exports to the…

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Asia-Pacific markets mostly fall as Trump fires Fed Governor Lisa Cook

Nikkei 225, Kospi, Bank of Japan

People crossing the street in Shibuya, Tokyo. Maydays | Moment | Getty Images Japan’s benchmark Nikkei 225 index pared gains to fall 0.59% Friday, after the Bank of Japan kept its policy rate steady at 0.5%, in line with the forecast from a Reuters poll of economists. The benchmark index had hit a fresh record…

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