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Stocks to buy: Macquarie initiates Outperform rating on these 4 capital market stocks. Do you own any?
Macquarie has issued a bullish call on India’s capital market industry and sees a powerful multiyear growth backdrop for market infrastructure firms as capital shifts into financial assets. The international brokerage in its report said Indians save $500 billion annually in financial assets and almost 50% of that is in cash and deposits. It added that this cash pool is ready for market-linked products which will drive a 16% CAGR in India’s combined investment and wealth and exchanges revenue poo
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