India's $5.4 Trillion Stock Market Is Slowly Losing Its Edge in Asia
India's relatively insulated economy saw its stocks emerge as a haven when US President Donald Trump's wide-ranging tariff hikes shook global markets in April. With trade concerns easing, investors are losing the incentive to own some of the world's most expensive shares.
The euphoria surrounding India's $5.4 trillion equity market is cooling amid concerns over a slowdown in earnings growth, just as improving sentiment toward Hong Kong-listed Chinese shares is threatening to lure global funds away. And India's market doesn't yet offer much for investors seeking exposure to the booming artificial intelligence theme.
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