Updated Jan 11, 2021 | 15:53 IST
According to Vikash Kumar Jain Cooling inflation, resumption of rate cuts and monetisation of the government’s stake in large Public Sector Undertakings (PSUs). Screengrab
In an exclusive interaction with ET Now Vikash Kumar Jain of CLSA says that 2020 has seen not only Indian markets but the world global markets getting re-rated in terms of Price to earnings multiple. Talking about Indian markets he said markets in India have seen record flows in 2020 which is one of the best FII flows.
According to him Cooling inflation, resumption of rate cuts and monetisation of the government’s stake in large Public Sector Undertakings (PSUs). Vikash adds that delivery on huge earnings growth expectations will be key theme for 2021 as consensus estimates see the Nifty’s EPS doubling over a three-year period as compared to the pre-Covid FY20.