Rohini Malkani, Citi says after meeting with 50 institutional investors in the US, unsurprisingly, India remains a consensus favorite both as an 'absolute' and 'relative' play due to a trinity of factors i.e. business-friendly Narendra Modi Government, pro-active RBI Governor Rajan; and commodity tailwinds.
“Following a strong market performance in 2014, most investors are of the view that the on-going cyclical and structural upturn could result in India continuing to outperform in 2015, albeit at a modest pace,” she adds.
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