Retail investors pile into India’s most beaten-down companies
By Ronojoy Mazumdar and Ishika Mookerjee Companies with high levels of debt are the latest beneficiaries of a retail investor-fueled rally in Indian stocks that’s defying the worst economic outlook in four decades. A custom Bloomberg index of the 30 most leveraged stocks out of India’s top 200 companies has gained 32% since the end … Read more