India remains investors' top choice among emerging markets, according to Bank of America Merrill Lynch

New Delhi: Global investors have reduced their investment in emerging market equities except for India, which still remains the most favoured country, according to the Bank of America Merill Lynch (BofA-ML)report. India acquired the top slot in Global Emerging Market (GEM) investors' country preference chart, in spite of foreign investment outflows of US$ 0.52 billion from Indian stock market since January. In spite of losing 14 per cent (in US$ terms) since the January month high, India still remains the most favoured country for GEM investors. China and Poland ranked second and third respectively.    

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