Global brokerage firm CLSA has revised its investment strategy, increasing its allocation to Indian equities to a 20% overweight position, while cutting back on its exposure to China. What Happened: CLSA's strategic shift is motivated by India’s stable economic conditions and expected foreign inflows.

CLSA had reduced its Indian overweight to 10 per cent from 20 per cent and raising our China allocation to a 5 per cent overweight from the benchmark.

Read why has CLSA reversed its allocation strategy, raising investment in Indian equities while cutting China exposure.