Explained: Why Indian stock market has fallen prey to South Korea, Taiwan’s AI prowess
· economictimes.indiatimes.com
South Korea's stock market has surged past India's, becoming the world's sixth-largest, driven by its semiconductor giants' AI boom. India faces headwinds from a weakening rupee and lack of AI exposure. Despite current challenges, Morgan Stanley remains optimistic about India's long-term growth prospects, citing improving earnings and macro support.
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Why has India been eclipsed?
Better times ahead?
Macro support remains intact
Long-term growth story remains strong
AI and data centres...