2min chapter

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Bloomberg Wall Street Week - June 23, 2023

Wall Street Week

CHAPTER

The Future of India

India's $3.4 trillion stock market reclaims its spot as the world's fifth largest. Rupi-denominated bonds are on track for longest streak of monthly buying by overseas funds in almost four years. The local currency is offering the second best carry returns in Asia this year. India faces challenges at home with a report from Hindenburg Research alleged accounting fraud and stock manipulation.

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