News Snapshot:
BlackRock has rejigged its Asia-focused portfolios to have more neutral positions on China, up from underweight, and narrowed its underweight call on internet services companies. Related As manic Monday reins in the bulls, what next for D-Street? Latent View's valuations look stretched; keep stop loss at Rs 450, say analysts 10 Nifty50 stocks in bear grip. Is it time to buy these stocks? By Ishika Mookerjee and John Cheng BlackRock Inc. is trimming its investments in Indian equities and becoming more optimistic on China on attractive valuations amid expectations that policy hurdles will ease next year. “Valuations are key right...
