Chris Wood predicts Indian stock market correction if two specific conditions are met
Shorts By/
Shefali Dhiman
May 24, 2024
Christopher Wood of Jefferies predicts a potential correction in the Indian stock market due to its outperformance compared to other markets, making foreign investors wary. Mid-caps, though pricier, are attracting inflows, disproportionately impacting foreign portfolios, prompting a shift away from overweight positions in India.