New Delhi, May 9 -- Jefferies has raised its investment exposure to India and China in its latest Asia Pacific ex-Japan strategy, reflecting strong confidence in the country's economic and market potential.

The firm has assigned India a recommended weighting of 21 per cent in the Asia ex-Japan equity portfolio--an overweight position compared to its 18.1 per cent share in the MSCI benchmark.

This marks India as one of the top regional preferences alongside markets like China.

The overweight stance comes at a time when global investors are rebalancing portfolios to reduce exposure to US dollar-denominated assets, amid signs that the greenback may have peaked.

Asian currencies, including the Indian rupee, are seen entering a phase of lo...