# India now Asia’s least-preferred stock market: BofA survey 2026-08-19T14:45:42+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 2 independent outlets India has replaced Indonesia as Asia's least-preferred stock market among global fund managers, according to Bank of America's August 2026 survey. NDTV and the New Indian Express report that 32% of respondents were net underweight on Indian equities, citing lack of clear AI exposure, weak growth, lack of reforms, and elevated valuations as key concerns. Sentiment towards Indonesia improved, with 27% net underweight, down from 32% in July. Taiwan and Japan remain the most preferred markets. The Nifty is down nearly 8% in 2026, while foreign institutional investors have sold a net Rs 2.40 lakh crore of Indian equities this year. The survey polled 98 panellists managing $272 billion in assets between August 7 and 13. ## Indian Opinion Analysis Both NDTV and the New Indian Express report the same survey findings with neutral reporting, offering no discernible slant. The core story is a straightforward market sentiment snapshot: India's stock market has fallen out of favour with global fund managers, driven by a lack of AI exposure and weak growth. The coverage uniformly emphasises the survey's negative data points and the broader FII selloff. A careful reader should note that the survey captures sentiment at a specific point in time, fundamentals like improving earnings outlook are mentioned but do not override investor caution. The key number to watch is the pace of FII selling in the coming weeks. ## Coverage Coverage: 2 sources, 2 neutral - ndtv.com (neutral report) Straight report of survey findings without added framing. - newindianexpress.com (neutral report) Detailed neutral report with additional context on FII selling and rupee. This story was synthesised by AI from the 2 sources linked above. Updated: this story now draws on 2 sources. Last updated 2026-08-19T15:08:36+00:00. Tags: Asia, India, NDTV, stock market Canonical: https://indianopinion.org/india-replaces-indonesia-as-asias-least-preferred-stock-market/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/india-replaces-indonesia-as-asias-least-preferred-stock-market/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/