India to underperform EMs in short-term: “The risk of ‘side effect’ is more on Indian market…” | Stock Market News
Source: Live Mint The stronger impact on the domestic stock market was partly due to our playing on a weak wicket. In the weeks prior, the domestic market had been underperforming relative to other EMs. The underperformance intensified as investors began shifting funds to Asian counterparts like China, trading at significantly lower valuations—10x to 25x…