10 hours ago
Wall Street Touts India Options for Market Insulated From Trump
India's equity rally may have stuttered recently, but Wall Street banks are now doubling down on the world's fifth-largest stock market, this time focusing on derivatives.
In notes last week, JPMorgan Chase & Co. called India a 'relative safe haven amid a trade war 2.0,' recommending bullish option strategies. Meanwhile, Bank of America Corp. offered low-cost hedges to help investors 'more confidently stick to their core long positions.'