India is our biggest overweight in Asia ex-Japan, says Paul Kitney of Daiwa Capital

India is our biggest overweight in Asia ex-Japan, says Paul Kitney of Daiwa Capital With regards to the Indian markets, Kitney said, "I think the inflation in India will dip below 3 percent. So we have got real policy rates that are positive around 300 basis points (bps), which is giving plenty of scope, in our opinion, to cut rates further in order to provide liquidity that will go hand-in-hand with macroprudential policy that is necessary for some of these issues in non-bank"

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