Foreign selling in Indian equities may stretch into next year as Asia’s artificial-intelligence winners offer stronger earnings prospects at cheaper valuations, according to BofA Global Research.
“India is facing earnings downgrades, while other AI-driven markets are seeing upgrades,” India research head Amish Shah said. Global investors are unlikely to return to India “before 2027 or perhaps even 2028. It definitely does not look like a 2026 event.”
