A man ties a balloon to the horns of a bull statue at the entrance to the Bombay Stock Exchange in Mumbai, India, in April 2017. Photo: Reuters
A man ties a balloon to the horns of a bull statue at the entrance to the Bombay Stock Exchange in Mumbai, India, in April 2017. Photo: Reuters
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

Why India’s China-fuelled equity surge could come at a high cost

  • The unpredictability of Beijing’s regulatory interventions is accentuating the appeal of India’s tech sector, but the optimism is excessive
  • Lingering damage from the pandemic, overpriced equities and regulatory risks could set India up for a brutal sell-off

A man ties a balloon to the horns of a bull statue at the entrance to the Bombay Stock Exchange in Mumbai, India, in April 2017. Photo: Reuters
A man ties a balloon to the horns of a bull statue at the entrance to the Bombay Stock Exchange in Mumbai, India, in April 2017. Photo: Reuters
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