India stocks top Indonesia as Asia’s least-favoured in BofA poll
- India replaced Indonesia as Asia's least-preferred stock market in a Bank of America survey of 98 fund managers managing $272 billion in assets, conducted between August 7 and August 13.
- Investors cited the lack of artificial intelligence exposure as the primary concern for Indian equities, with 32 per cent of respondents net underweight, followed by weak economic growth and insufficient policy reforms.
- Earnings for NSE Nifty 50 members jumped 18 per cent from last year, outpacing the 10 per cent growth estimate, yet the Nifty 50 lost 8 per cent this year and remains Asia's second-worst performer.
- In contrast, sentiment improved for Indonesia with 27 per cent of managers net underweight compared to 32 per cent in July, while Taiwan and Japan remain investors' most-preferred Asian regions.
- India held the least-preferred ranking in May when the United States-Iran war spiked energy costs, and recent declines persist despite improving earnings forecasts, suggesting investor caution endures despite strengthening fundamentals.
14 Articles
14 Articles
India replaces Indonesia as Asia's least-preferred stock market
A Bank of America survey found India has replaced Indonesia as Asia's least-preferred stock market. The result underlines investor unease over valuations, growth and limited AI exposure despite better earnings.
India replaces Indonesia as Asia’s least preferred stock market in BofA survey
Despite a strong start to 2026, the Indian stock market is faltering under pressure from global uncertainties and weak domestic growth. Fund managers indicate it is the least preferred market, with rising crude prices and geopolitical issues further dampening sentiment.
India Replaces Indonesia As Asia’s Least-Preferred Stock Market, Finds Survey; Know Why
India has replaced Indonesia as Asia’s least-preferred stock market in Bank of America’s latest fund-manager survey, with 32% of respondents net underweight. Investors cited limited AI exposure, weak growth, high valuations and slow reforms. The bearish view comes despite stronger Nifty 50 earnings and more than USD 4 billion in foreign inflows this quarter. India Replaces Indonesia As Asia’s Least-Preferred Stock Market, Finds Survey; Know Why.
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