Bernstein Research has downgraded the Indian stock market from ‘neutral’ to ‘underweight,’ indicating that they believe it is “quite vulnerable” in the near term. This downgrade is mainly due to concerns about record high valuations compared to China and other emerging markets, increased risks of crowding in large-cap stocks, and a rising number of downgrades … Continue reading Bernstein Downgrades Indian Stock Market to ‘Underweight’ Amid Valuation Concerns