The economic news headlines would largely be dominated by growth fears and measures to revive them in FY20, the performance of asset prices would be better albeit with elevated volatility, said Vaibhav Sanghavi of Avendus Capital
During this time, a lower interest rate environment along with very supportive liquidity has helped asset prices. On the back of global growth fears returning, going forward, I believe that interest rates will top out, inflation would remain benign and liquidity accommodative.
Amid this, India’s growth is expected to be robust on the back of consistent consumption and revive investments. The corporate earnings outlook is much better than in the previous five years, led by banking and financials. This all augurs well for the Indian market to perform better than global peers in the next few years.
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