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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
In October 2024, UBS shares are under analysis by nine experts, with seven recommending a "Buy" and two suggesting a "Hold." The current share price is CHF 26.54, significantly below the average target price of CHF 32.92, indicating potential for growth. Notable target prices include CHF 42.90 from Goldman Sachs and CHF 32.00 from RBC Capital Markets.
Indian stocks are facing significant pressure from foreign selloffs, with over $8 billion withdrawn this month, marking the largest exodus since early 2020. Despite this, domestic investments from mutual funds, banks, and insurance firms have exceeded $10 billion in October, helping to limit the MSCI India Index's decline to about 6%. Year-to-date inflows have surpassed $50 billion, setting the stage for a potential record annual total.
Indian stocks are facing significant pressure as foreign investors withdraw over $8 billion, marking the largest selloff since early 2020. This comes after an 11-month rally, driven by high valuations and slowing profit growth, prompting Goldman Sachs to downgrade the market outlook. Local funds are stepping in to support equities amid this turmoil.
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