BCA Research’s Emerging Markets Strategy service recommends that investors should go long Indian banks and short EM banks. Indian bank stocks have been the star performers among emerging markets banks over the past 20…
Highlights Indian private sector banks have shown a remarkable improvement in their operating efficiency and have largely cleansed their balance sheets. Further, they have plenty of room to grow as they will continue to grab market…
Indian equities have outperformed emerging markets since Q2, rising more than 40% between April and September. However, their relative performance has since slumped. While Indian stocks can rise in absolute terms next year,…
According to BCA Research's Emerging Markets Strategy service, India's structural reform agenda warrants upgrading Indian stocks to neutral within an EM equity portfolio. While valuations are expensive, part of the…
Highlights India has continued its structural reforms agenda with the agriculture and labor market reforms being the latest development. In the agriculture sector, the government is inviting private capital and ushering in free…
BCA Research's Emerging Markets Strategy service recommends that dedicated EM equity investors maintain an underweight position in India within an EM equity portfolio. The strong rally in certain mega-cap stocks has masked…
Highlights The strong rally in certain mega-cap stocks has masked the muted revival in the broad equity universe. Limited fiscal stimulus and a broken monetary transmission mechanism herald lackluster economic and profit recoveries.…
Highlights The strong rally in certain mega-cap stocks has masked the muted revival in the broad equity universe. Limited fiscal stimulus and a broken monetary transmission mechanism herald lackluster economic and profit recoveries.…
BCA Research's Emerging Markets Strategy team in the newly published report on India argued that limited fiscal stimulus and a broken monetary transmission mechanism herald a lackluster economic recovery. The monetary…
BCA Research's Geopolitical Strategy service maintains a bullish long-run outlook on India and views a selloff as an opportunity to buy Indian assets. The Indo-Chinese conflict on the Himalayan border is unlikely to have a…