GK and monthly revision

India's premium has almost entirely disappeared now: Ben Powell, BlackRock

Ben Powell of BlackRock has expressed optimism regarding Indian equities after a phase of underperformance, indicating that the selling by foreign investors may be nearing its end. He highlights that India's current valuations are more attractive compared to other emerging markets, with promising earnings forecasts for the next 6 to 12 months. This perspective is significant as it suggests a potential shift in foreign investment dynamics, particularly amidst the backdrop of the AI boom and fluctuating US bond yields.