Here's your summary from Abrdn Says Still Positive On India Outlook (https://www.youtube.com/watch?v=NF9-l8FGcRQ) on the Bloomberg Television channel:
**TLDR:** Abrdn remains positive on India's outlook despite the challenges of forming a coalition government.
1. Modi's coalition government may make reforms more difficult, but the foundation for India's economic growth remains strong.
2. India's market is expensive but offers long-term growth opportunities, especially in infrastructure and consumer-related stocks.
3. Caution is advised when investing in government-owned companies and small/mid-cap segments due to uncertainty and frothy valuations.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro