It all points to evidence that local-currency bonds, which have been the standout trade in emerging markets this year, are now facing tougher competition from stocks. While investors including Bank Julius Baer & Co. and Brazil’s Legacy Capital argue that there’s still money to be made in debt markets, bigger gains will come from stocks.
Chakri Lokapriya bullish on Indian IT, Power & PSU bank stocks for 2025
I think so whether it is Havells or even companies like Finolex Cables they have all corrected quite a lot over the last one year.
January 17, 2025