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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…

First reported by The Economic Times 1 source
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  1. The Economic Times

    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…

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