India may lag broader EM peers despite strong fundamentals in current dollar downcycle: Report
India is unlikely to replicate the broad-based equity outperformance witnessed during the 2002-11 weak dollar cycle, with future gains expected to be more selective and fundamentally driven, according to a report by Equirus Securities. The brokerage said India enters the current phase of dollar weakness from a significantly stronger starting position, marked by higher valuations, … Read more