Second attractiveness of the Chinese market (sub 10x 12m F PE) compared to India at (23x12m F P/E) and obviously US election positioning (EM to DM shift) has led to macro uncertainty for FII.
US stocks: US market drops as Trump’s rejection of Iran peace plan lifts oil prices
Following President Trump’s dismissal of Iran’s peace proposal, US market indexes experienced a downward trend, spurred by a notable surge in crude prices. This escalation