“The valuation of India has become very significant, and investors are taking their profit,” said Baudson in an interview during her recent visit to India. Amundi is a stakeholder in SBI Mutual Fund, owning 37% of the country’s largest asset manager. SBI owns 63%.
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj
Foreign investors withdrew significant funds from Indian equities in October amid concerns over inflation and crude oil prices. Despite this, there were signs of moderation
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