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Post-Election India: A Blessing In Disguise?

by Rajeeb Pramanik, India, ASEAN, and EMEA Strategist  

The Indian election outcome is a positive development for the country’s long-term socio-economic outlook. Indian stocks, however, remain vulnerable in the near term due to sharply slowing nominal sales and surging real borrowing costs. Indian domestic bonds, on the other hand, are a buy.

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