India Equity Outlook Cut Again by Analysts
Analyst forecasts for Indian equities have been lowered for the third consecutive quarter as foreign investors shift capital to other Asian markets. Overseas outflows and a weakening rupee weigh on domestic performance despite solid economic growth.
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Equity analysts in India have cut their market outlook for the third consecutive quarter, as foreign funds pivot toward regional competitors in Asia. Indian shares have fallen more than 7.0% this year, heading toward their weakest annual performance in over a decade.
