India, China most bullish markets: Report

Mumbai, Oct 16 (UNI) Investors in the two hottest Asian economies -- India and China -- are the most bullish, according to the ING Investor Sentiment Tracking Study.

This is the first quarterly survey by ING Asia Pacific track to anticipate changes in market sentiment and investment attitude across thirteen Asia Pacific markets.

According to the research report, in India, almost 80 per cent believe that overall economic situation has improved in the past three months and will continue to improve in the next three months.

''Investors in India are extremly positive on various dimensions affecting investment confidence. Part of this optimism can be attributed to the strong economic boom that the country is experiencing,'' said Vineet Vohra, MD, ING investment management in India.

India is followed in its short term outlook for the economic situation by China, Malaysia and Philippines.

The report also pointed out that over half of the investors in the country are positive about the current investment condition across risk sectors, medium and low risk in particular.

UNI