(Bloomberg) -- The premium Indian equities trade at versus their emerging-nation peers has narrowed to the smallest in five months and may not rebound any time soon, according to market participants. Lower earnings growth relative to other developing markets as well as political concerns about the prospects of the ruling Bharatiya Janata Party is weighing on investor sentiment. “It's unlikely we'll see a big outperformance as there are a lots of things to worry about,” said Satish Betadpur, managing director and head of investments for India at State Street Global Advisors Ltd.
To contact the reporter on this story: Ravil Shirodkar in Mumbai at rshirodkar@bloomberg.net.
To contact the editors responsible for this story: Christopher Anstey at canstey@bloomberg.net, Cormac Mullen, Matt Turner
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