JP Morgan, HSBC cut India ratings on oil, inflation concerns despite strong long term outlook

JP Morgan, HSBC cut India ratings on oil, inflation concerns despite strong long term outlook

Summary

JP Morgan and HSBC downgrade India's equity ratings amid oil and inflation concerns, while maintaining a strong long-term growth outlook.

Description

JP Morgan and HSBC downgrade India's equity ratings amid oil and inflation concerns, while maintaining a strong long-term growth outlook.

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