AI, oil worries have ‘over-punished’ India, masked long-term investment case, Blackrock says
India’s equity market has been ”over-punished” for lacking a direct AI play and for higher oil risks, BlackRock said, arguing that record foreign outflows and a tougher macro backdrop have not derailed the country’s medium- to long-term investment case. BlackRock, the world’s largest asset manager, with more than $14 trillion in assets under management globally,…
