Bernstein's Bold Moves: Cutting Back in India's Market

Bernstein is on a mission in India! They’ve trimmed their private banking stash and waved goodbye to Nifty IT stocks. Why, you ask? They're a bit jittery about the market's wild ride. But hold onto your hats! They still believe in India's bright future, eyeing a Nifty index target of 26,000 points, thanks to strong local spending and government help.