Below is Quote on Market Outlook 2023, Mr. Prateek Agrawal, Executive Director - Business & Investment Strategy, MOAMC
While inflation does seem to have peaked in 2022, central bankers are not letting their guard down. While the increase in policy rates has slowed down, central bankers are now expected to keep rates high for longer and the peak rate could be a tad higher, vs earlier expectations. Equity markets which had been buoyant in November, on hopes of a policy pivot, g...
Cement, Consumers, Specialty Chemicals, and Autos may see margin expansion in 2023: Prateek Agrawal, Motilal Oswal AMC