India remains most bullish in Asia-Pacific: ING survey

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Mumbai, Jan 23 (UNI) Call it ironic, but barely has the impact of the stock market crash sunk in, comes a study that says India remains the most bullish market in Asia-Pacific.

The study, conducted by ING Investor Sentiment Index, about the changes carried out in October and November 2007 on investment sentiment and behaviour among 1,311 investors in 13 Asian markets revealed that an overwhelming 93 per cent of investors in India expected the overall investment sentiment to be better in 2008 as compared to 2007, despite concerns in other markets about the subprime market especially in the fourth quarter of last year, a release stated.

Joining the country's investors with a bullish outlook were those in Hong Kong and the Philippines, while those in Japan, Australia, New Zealand and Taiwan were the most bearish. Even the Chinese investors' enthusiasm has also dampened, according to the survey.


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