💨 Abstract

Global fund managers have shifted their focus from Indian to Chinese equities, increasing their allocation to China after it announced a stimulus package. This move comes as foreign investors have pulled out nearly $8 billion from Indian equities in October, with high valuations and a foreign money exodus causing struggles for the Indian market. China's key equity index has climbed to its highest in over two years, making it attractively priced compared to India.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖