India ranks as least preferred Asia-Pacific market in recent survey

The Times of India reports that a Bank of America Securities survey reveals India has replaced Indonesia as the least preferred investment destination in the Asia Pacific region, with thirty-two percent of surveyed fund managers underweight on Indian equities. The survey attributes this shift primarily to a lack of clear artificial intelligence exposure and weak growth risks, contrasting with markets like Taiwan where fifty-five percent of managers are overweight due to semiconductor preferences. Additionally, managers expressed rising concerns regarding India's reform capabilities and stock valuations, though fears over rupee depreciation notably subsided compared to the previous month.

Goodreturns reports that a Bank of America fund manager survey indicates India has become Asia's least-preferred stock market, with thirty-two percent of respondents net underweight due to high valuations, limited artificial intelligence exposure, and weaker growth expectations. The report notes that despite robust corporate earnings such as eighteen percent year-on-year growth for Nifty 50 companies, foreign investors remain cautious and favor markets like South Korea, Taiwan, and Japan. Additional pressures cited include elevated crude oil prices, rupee weakness, and geopolitical tensions, although foreign funds have still purchased over four billion dollars in Indian equities this quarter.

Illustrated Daily News reports that a Bank of America survey shows India has replaced Indonesia as Asia's least-preferred stock market among global fund managers, with a net thirty-two percent of respondents underweight. The article details that international investors are pivoting toward technology-heavy markets like South Korea and Taiwan due to India's limited exposure to the artificial intelligence hardware supply chain, alongside concerns over weak economic growth and high valuations. Despite these bearish international metrics and foreign capital outflows, the report notes that Indian corporate earnings have shown recent signs of improvement.