Markets Buzz: Modi magic hinges on policy thrust 

There aren’t many people out there willing to endorse a call to sell Indian equities or bonds. Blackrock Inc. is the latest to shrug off the election upset. The bullish case for domestic assets remains strong despite concerns about the government focusing more on the bottom end of the economic pyramid. Still, if foreigners are as positive as they say, it’s time they put their money where their mouth is. The resumption of inflows is crucial for stocks to reclaim last month’s peak. (Source: Bloomberg)