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UBS has upgraded India's equity rating to 'Neutral' amidst a defensive shift in emerging market strategy, favoring domestic-focused economies. While acknowledging India's strengths like earnings resilience and lower oil price benefits, UBS cites concerns over lackluster corporate earnings.
UBS has upgraded India's equity rating to 'Neutral' amidst a defensive shift in emerging market strategy, favoring domestic-focused economies. While acknowledging India's strengths like earnings resilience and lower oil price benefits, UBS cites concerns over lackluster corporate earnings.
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