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Indian equities no longer top pick among emerging markets

Indian equities no longer top pick among emerging markets

MUMBAI: India is no longer the top pick among emerging markets (EM), as fund managers wait for an earnings recovery and peer markets turn attractive. The Rs11,400 crore fraud at state-run Punjab National Bank (PNB) hasn’t helped either. “Our global strategists like Korea, Indonesia and Brazil the most, but are neutral India. Other markets look […]