Reported about 1 month ago
As global financial markets face increased volatility due to the upcoming US presidential election, India emerges as a preferred destination for investors seeking stability. The nation has witnessed substantial foreign capital inflow, bolstering its bond market performance and pushing its stock market to record highs. Factors contributing to India's appeal include strong political ties, effective capital controls, and a relatively stable currency. While foreign investors are pulling back from equities amid signs of economic slowdown, analysts recommend India's local bond market as a safe investment amid global turmoil.
Source: YAHOO