: Friday, 11 April 2025 1:22 pm
New Delhi . Global brokerage firm Jefferies issued a ‘overweight’ calls on India, stating that India is willing to perform better than other emerging markets (EMs) amid growing global uncertainties.
In its latest note, Jefferies said that although it is difficult to estimate the complete performance of the index, India should become a relatively better performing country.
Jefferies said that India’s limited risk towards America and China’s demand is a keeff.
Despite being the largest export partner, India’s exports to the US are only 2.3 percent of the country’s GDP. The trade surplus is equally modest, which reduces the impact of America’s strict trade policy.
The US has imposed 26 percent tariff on Indian goods. But this figure is still lower than the fees levied on China, Indonesia and Taiwan.
According to Jefferies note, “In fact, the ‘Government of India’ is quite confident about achieving more favorable conditions under bilateral trade talks with the US.”
India is getting unexpected benefits due to Brent crude falling at around $ 60 per barrel this year so far this year, which is a major pure oil importer.
Jefferies believes that this decline improves the current account balance, compensates for a possible decrease in the US trade surplus and even the government gets an increase in revenue from high fuel fees.
Brokerage has preferred lenders, electricity, telecom, auto and real estate.
Foreign and domestic investors showed strong confidence in the Indian equity market in March 2025, with both foreign institutional investors (FIIs) and domestic institutional investors (DIIs) emerged as pure buyers.
According to a report by JM Financial Securities, FII invested $ 975 million, while DII made a stronger contribution with a net purchase of $ 4.3 billion during the month.
This month, there was a great change in the FII sentiment. In the first fortnight of March i.e. by 19th, the FII was a net seller, but became an aggressive buyer in the latter fortnight and invested $ 3.6 billion in Indian equity.
Meanwhile, US President Donald Trump said on Thursday that at the end of the 90-day break, the trading partner country which will not be able to compromise with the US by July 9, will be put on the originally declared recipe at the US on the goods coming to the US.
Due to this news, the Indian stock market jumped in the morning trading on Friday.
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Web Title-AMID Global Uncertainty, India is set to outperform other emerging markets!
