BofA sees opportunity in India's battered bank stocks, expects IT sector to underperform

India's battered bank stocks offer a compelling buying opportunity, with valuations for some large private lenders near their cheapest levels, said Amish Shah, head of ​India research at BofA Global Research.

Apr 9, 2026 - 06:00
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BofA sees opportunity in India's battered bank stocks, expects IT sector to underperform
India's battered bank stocks offer a compelling buying opportunity, with valuations for some large private lenders near their cheapest levels, said Amish Shah, head of ​India research at BofA Global Research.

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