India Stocks Command a Near-Record 157% Premium Over China Peers

  • MSCI India is 3 percentage points away from record premium
  • Goldman, BofA say investors positive on India, cagey on China

The Bombay Stock Exchange (BSE) building in Mumbai.

Photographer: Dhiraj Singh/Bloomberg
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Indian stocks are trading near their most expensive levels against battered Chinese peers, underscoring a growing divergence in investor preference between the two emerging market leaders.