Wary Hedge Fund Managers Aren’t Buying Rally in India Stocks
Pedestrians look up at an electronic screen at the BSE building in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Wary Hedge Fund Managers Aren’t Buying Rally in India Stocks

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(Bloomberg) -- Hedge fund managers in India are joining global peers in preparing for another rout in equities, as the rally in local stocks overlooks the pandemic and a dim economic outlook.