Any sell-off in Indian equities is a good time to buy: Chris Wood

Christopher Wood, global head of equity strategy at Jefferies reiterates his bullish view, remains structurally overweight on India, and would look to buy Indian stocks on every decline

At a time when most marquee global research & brokerage houses such as UBS, HSBC, Nomura and Morgan Stanley have downgraded Indian equities citing their rich valuation, Christopher Wood, global head of equity strategy at Jefferies has reiterated his bullish view. He remains structurally overweight on India, and would look to buy Indian stocks on every decline.

“If GREED & fear had to own one stock market globally for the next ten years, and not be able to sell it during that period, that market would be India,” Wood wrote in his latest weekly note to investors GREED &