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Indian financial assets are turning attractive across the board, HSBC as quoted by Reuters said on Friday, highlighting value in equities, a favourable setup for the rupee, and an improving case for government bonds.

The global lender has recommended an “overweight" position on Indian equities, saying they now offer better value compared to Chinese stocks, according to Reuters report citing HSBC report.

Equities Seen as ‘AI Hedge’

HSBC said Indian markets present an opportunity for investors seeking diversification away from the searing global rally in artificial intelligence stocks.

“India’s equity markets are a good AI hedge," analysts at the firm noted, adding that domestic shares offer stability for investors uncomfortable with the concentrated AI trade dom

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