Indian onlookers watch the Bombay Stock Exchange digital broadcast outside the BSE in Mumbai on October 24, 2008. IGIB Asset Management's Kunal Desai said India's geopolitical positioning looked favorable as President-elect Donald Trump returns to office.
The portfolio manager said India's geopolitical positioning is "favorable in this Trump 2.0 era" as investors assess the country's ability to take advantage of a possible trade war between China and the U.S. As well as geopolitics, Desai cited the country's monetary sovereignty, improving return on equity — a key measure of a company's profitability — and increased private investment as reasons to invest.
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