After Rs 1.2 lakh crore FII outflow, CLSA shifts focus back to India from China
Brokerage firm CLSA has decided to reverse its earlier move from India to China, citing growing concerns over China’s economy and investor sentiment. This change comes after Rs 1.2 lakh crore in foreign institutional investor (FII) outflows from India in recent months, which has affected the Indian market. CLSA notes that Chinese equities have faced…