The fundamentals needed to support a bull market in struggling Indian equities are in place,...


The fundamentals needed to support a bull market in struggling Indian equities are in place, says Jefferies, but the needed catalyst - new elections and a stable government - is about a year away. Use the time to rotate out of just-downgraded staples and IT, and into industrial cyclicals and (especially) financials. Favorite stocks: HDB and IBN. ETFs: EPI, PIN. INP, INDY, INDA, INXX, SCIF, SCIN, INDL.

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  • anomaly1
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    you would be down 21% as of today if you bought $IBN per Jefferies
    10 Jul 2013, 06:09 PM Reply Like
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