BUSINESSCNBC-TV18 Markets ยท 2 hours agoLive
BlackRock stays overweight on India, sees domestic savings powering long-term market growth
Reported by CNBC-TV18 Markets, not nibnow. We are not the publisher of this story, only the source is.
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WHAT HAPPENED
BlackRock remains structurally overweight on India and expects foreign investor flows to return after the US midterm elections as geopolitical uncertainty eases. The asset manager believes India's growing household participation in financial markets will become a key source of capital to finance long-term economic growth.
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