Problems like poverty and malnutrition continue to linger and social tensions can boil over if inequality widens. And India has its own set of geopolitical worries as tensions with neighboring China and Pakistan persist.Yet with the right policy mix, the process of economic transformation should by itself create some stock-market winners. And I think that’s probably going to India and Asean to a large extent,” said Evelyn Yeo, head of Asia investments at Pictet Wealth Management. and State Bank of India are seen to have the potential to grow further. and HealthCare Global Enterprises Ltd. are among those seen benefiting from increased demand.

Source: Economic Times June 18, 2023 23:26 UTC