Indian stocks to beat China, Japan equities despite high price

India has emerged as the most favored investment destination among the three major Asian economies, according to a recent MLIV Pulse survey. Despite China's low stock valuations and Japan's efforts to enhance corporate governance, nearly half of the 390 respondents chose India as the top pick. The survey results reflect a strong belief in the potential of Indian companies, as the country prepares for its general elections, which will be held in seven phases from April 19 to June 1.