💨 Abstract

The CLSA report indicates that India is one of the least affected markets in the region due to former U.S. President Donald Trump's trade policies. This resilience is attributed to India's low trade exposure to the U.S., manageable corporate leverage, and declining foreign equity ownership. The report reverses its tactical overweight on China and increases its exposure to a 20% overweight on India.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖