HSBC, Citi Turn Bullish as Indian Stocks Draw Record Inflows

HSBC and Citigroup issued positive outlooks on Indian equities as foreign investment in the market reached record levels. The shift in bank positions follows a rally in Indian stocks that marks the largest gain in more than four years. The inflows reflect increased institutional confidence in the Indian market during this period.

• Bloomberg — HSBC, Citi Turn Bullish as Indian Stocks Draw Record Inflows

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