Upbeat earnings bolster case for India stocks as Asia wavers
Indian equities are gaining an edge in Asia as stronger earnings and a nascent return of foreign investors bolster the case for further outperformance.Profits at roughly two-thirds of BSE 100 companies that have reported results rose 20% from a year earlier in the September quarter, according to Citigroup Inc. That was the fastest growth in at least five quarters and beat estimates, the brokerage…
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Upbeat earnings bolster case for India stocks as Asia wavers (opens The Economic Times in a new tab)
Indian equities are gaining an edge in Asia as stronger earnings and a nascent return of foreign investors bolster the case for further outperformance.Profits at roughly two-thirds of BSE 100 companies that have reported results rose 20% from a year earlier…
