India’s lack of AI trade pushes investors towards volatile high-growth bets

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Indian equity markets‘ underperformance, exacerbated by limited exposure to artificial intelligence, is prompting fund managers to adopt volatile high-growth strategies to beat standard market returns, even as foreign investors retreat.

The benchmark Nifty 50 index has risen almost 7% this year, a fraction of the nearly 27% surge in the MSCI Asia ex-Japan index, fuelled by AI-driven euphoria.

“Markets which caught up, like China, Korea, US, bounced back largely on that technology trade,” Sunil Singhania, founder of Abakkus Asset Manager, told the…



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India’s lack of AI trade pushes investors towards volatile high-growth bets



Indian equity markets‘ underperformance, exacerbated by limited exposure to artificial intelligence, is prompting fund managers to adopt volatile high-growth strategies to beat standard market returns, even as foreign investors retreat.

The benchmark Nifty 50 index has risen almost 7% this year, a fraction of the nearly 27% surge in the MSCI Asia ex-Japan index, fuelled by AI-driven euphoria.

“Markets which caught up, like China, Korea, US, bounced back largely on that technology trade,” Sunil Singhania, founder of Abakkus Asset Manager, told the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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