India's stock market surge in recent years has investors viewing the country as an emerging market poised for long-term outperformance now more than ever.
India's recent stock market surge has investors viewing the country as an emerging market poised for long-term outperformance. The India NSE Nifty 50 Index , the country's domestic stock market benchmark, has soared 18.7% this year, hitting record levels. The iShares MSCI India ETF , which tracks the Indian market, is also up nearly 19% in 2024. That would be the fund's biggest annual gain since 2017 — when it jumped 34.5%.
"People need to pay a lot more attention to , because it's going to be increasingly a source of demand for the rest of the world, with the young population and people moving from lower class to middle class. So there's a lot of potential there," Khalek told CNBC. He recommends staying overweight on EM stocks within a global equity portfolio, with a preference for non-China exposure. The risks To be sure, investing in India doesn't come risk-free.
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