Tag: anticipation of the ensuing recovery

Indian equities may continue to rise in anticipation of the ensuing recovery

Thursday, August 27, 2020
Reduced pessimism around Covid-19, Global stimulus, and significant reform expectation from the Indian government is keeping Indian market sentiments positive. Many of the concerns around banking, real estate, and the economy itself, should sort themselves out over the next 24 months. Notwithstanding the usual market gyrations, Indian equities may continue to rise in anticipation of the ensuing recovery. Investors must use this opportunity to build a high-quality portfolio for the next big upcycle. The following are a few stocks that may perform well in this direction as per Amar Ambani, Partner and Head of Research, Yes Securities ( Source: Economic Times). Read more