Indian Stocks Are Emerging as Tariff Haven, Anand Rathi Wealth Says
Indian stocks are emerging as a bright spot amid global markets turmoil, according to Anand Rathi Wealth's Shweta Rajani. "The fundamentals are going strong," Rajani tells Bloomberg TV's Shery Ahn. The optimism surrounding Indian markets reflects India's double-digit results from banking and financial entities, Rajani adds. Nevertheless, Indian equities face potential headwinds from the impact of tariffs on its pharmaceutical sector. (Source: Bloomberg)
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