Rajiv Jain, Chairman & CIO of GQG Partners, mentioned that they find China confusing because while stock prices have decreased, policy and political issues persist. As a result, they haven't increased their investment in China and remain significantly underweight in the country, with only 4 or 5% exposure.
India always had structural positives of the three Ds: Democracy, Demographics, and De-Regulation of industry. These helped Indian GDP and per-capita income levels grow from USD 500 to over USD 2600, a rise of 450% in USD terms in 30 years. Moreover, in the past few years, these have become even more important and stronger for India versus the rest of the world. Let us see how and why.
The Indian market created history in Samvat 2079 by hitting milestone after milestone. The Nifty touched 20,000 on 11th September 2023 and the BSE Sensex surpassed 67,900 that day, both gaining almost 10 percent during Samvat 2079.
The strong Indian economy and rally in the market have investors questioning whether this bull run can continue. Morgan Stanley believes it can. Here s why.
Anand Rathi, Chairman of Anand Rathi Group, sees opportunities in domestic-oriented sectors like manufacturing, infrastructure, auto, and financial services. He advises new investors to be consistent, persistent, and invest for the long term.