India’s domestic wealth managers are reaping most of the benefits of the shift into equities and out of real estate. Photo: MintMumbai: India’s wealthy beware: the country’s booming stock market could be nearing a peak. But Hansraj doesn’t recommend selling out of the Indian stock market just yet, rather that his wealthy clients hedge some of their positions against any sudden reversal. “At one point of time there was a lot of unaccounted money that could go into real estate as an asset class,” he said. India’s domestic wealth managers are reaping most of the benefits of the shift into equities and out of real estate.

Source: Mint September 21, 2017 05:15 UTC