2024-09-19 03:16:18 pm | Source: PR Agency
Quote on Market by Abhishek Banerjee, smallcase Manager and Founder at Lotusdew
Below the Quote on Market by Abhishek Banerjee, smallcase Manager and Founder at Lotusdew
“Nifty has dislodged China as the largest country in MSCI EM and is hitting all-time highs with 2 active wars. This shows that India is becoming a safe haven instead of an emerging country where money is flowing in to keep it safe and out of conflict. While India's account deficit is also hitting all time high, we are sitting on highest forex reserves too. The ability to cut rates to weather any shocks, corporate private capex on the anvil and record inflows from SIP - India looks to be a great place to be invested in”
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