BofA sees foreign exodus from Dalal Street extending into 2027

Indian stocks are underperforming globally. Foreign investors are unlikely to return before 2027 or 2028. This is due to earnings downgrades and a weakening rupee. Other Asian markets are attracting investment with AI-linked plays. India's valuations remain expensive compared to markets like South Korea. Domestic investors are focusing on mid and small-cap stocks.

Raccontata daeconomictimes.indiatimes.com