HSBC’s Evans Says Indian Stocks Don’t Look ’Particularly Cheap’

Indian stocks don’t look “particularly cheap” and it’s “hard” to be optimistic about the country this year, said Garry Evans, head of global equity strategy at HSBC Holdings Plc.

Evans has a “slight overweight” rating on India, he told reporters in Singapore today.

To contact the reporter on this story: Kristine Aquino in Singapore at kaquino1@bloomberg.net

To contact the editor responsible for this story: Chan Tien Hin at thchan@bloomberg.net

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