Citi downgrades Indian equities to neutral, upgrades Chinese, Korean stocks
Published on 17/07/2025 09:02 AM
Citi downgrades Indian equities to neutral, upgrades Chinese, Korean stocksFrom the April lows made by the Nifty 50 index during US President Donald Trump's reciprocal tariff saga, the index has recovered over 15% from those levels. By Hormaz Fatakia July 17, 2025, 9:02:56 AM IST (Published)1 Min ReadInvestment banking firm Citigroup Inc.'s broking unit has downgraded Indian equities to "neutral" from their earlier rating of "overweight" on Thursday, July 17.
On the flip side, they have upgraded Chinese and Korean equities to "overweight" within the Emerging Market basket.
From the April lows made by the Nifty 50 index during US President Donald Trump's reciprocal tariff saga, the index has recovered over 15% from those levels.
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