Indian Stocks Gain Edge in Asia Due to Strong Earnings and Foreign Investment

• Profits at two-thirds of BSE 100 companies rose 20% year-over-year in Q3, the fastest growth in five quarters.
• Indian equities are gaining an edge in Asia, outperforming other markets.
• Foreign investors are returning, contributing to the outperformance of Indian stocks.
• Citigroup Inc. reported the earnings growth, which beat estimates.
• The trend suggests further outperformance for Indian stocks.