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Indian Stocks Now EM Investors' Biggest Underweight, Nomura Says

Indian Stocks Now EM Investors' Biggest Underweight, Nomura Says

Bloomberg19 hours ago
Indian stocks are emerging market investors' biggest underweight market after they accelerated rotation to Asian peers last month, according to Nomura Holdings Inc.
Investors re-allocated from India to Taiwan, Hong Kong/China and South Korea in July, with 71% of EM funds becoming underweight on India at the end of the month, compared with 60% at end-June, an analysis of large funds by Nomura showed.
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