Daily Market Updates: Bernstein says foreign investors have little reason to back India’s large caps

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Bernstein says foreign investors have little reason to back India’s large caps

Reported · Written up by our desk · Emerging Markets

CNBC World reports that Bernstein said foreign investors have few incentives to invest in India because the country’s large businesses are struggling to reinvent themselves.

The brokerage characterized India’s large caps as being stuck in a bygone economic era, suggesting the outlook is less compelling for outside capital.

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Sources

CNBC WorldIndia's large caps stuck in 'bygone economic era', says Bernstein, as foreign investors head for the exit

Global Markets

Bernstein says foreign investors have little reason to back India’s large caps

More like this

Sources

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