Comment on New Market High By George Thomas, Quantum AMC
Below the Quote By George Thomas, Fund Manager- Equity , Quantum AMC.
Domestic economic environment looks favorable for persistence of current earnings upcycle in the medium term. Healthy credit demand is indicative of a strong economic environment. India’s economic resilience amid global slow-down could attract FII flows in the medium term, potentially giving more legs to the current rally. Incremental data points across the globe suggest a possibility of faster than expected moderation in global inflation, limiting the quantum of further rate hikes. A faster than expected normalization in global environment would be positive for the corporate earnings cycle. Given the sharp run up, investors may consider making incremental investments in a staggered manner to benefit from the ongoing earnings upcycle.
Above views are of the author and not of the website kindly read disclaimer
Tag News
We anticipate immense potential benefits from the upcoming Sovereign Gold Bond Tranche in FY...