Sensex at 70,000? Why analysts say India's underperformance is over

The global investment bank has maintained an ‘overweight’ stance on India, with a Sensex target of 70,000, representing an upside of 17% from current levels.Matthews said that the DII (domestic institutional investors) investment is hitting record highs quarter after quarter and that foreign ownership has also bounced back from decade lows 18.4% in June last year

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