Potential global growth slowdown headwinds could linger on in terms of domestic sentiments Says Lakshmi Iyer, Kotak Mutual Fund
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Below is View on GDP Data by Lakshmi Iyer, CIO (Debt) & Head Products, Kotak Mutual Fund
“Q1FY23 GDP robust growth data was on expected lines given the low base of last year as also recovery in key industries and services sector. However, this may not lead to much reaction in Indian bond yields as the key focus for debt markets would hinge on direction of US treasuries and dollar index movement. Also key to note is potential global growth slowdown headwinds could linger on in terms of domestic sentiments as well.”
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