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Earlier this week, global markets were lagging as they were moving sideways, coupled with the correction of steps by the US, European and some of the Asian markets. Also, Indian markets have outperformed global markets and were in a hot upward trajectory as against other markets. Other important factor that need to be noted include increased FPI inflows which has led to high liquidity levels. Domestic liquidity has also been good as HNIs and domestic institutions have been investing which has encouraged the markets.
But at the same time cautions have to be drawn as investors need to be selective and be risk managers now. Its like scoring a century and take a fresh guard to ensure that you don’t play a rash shot. On this Money9 special watch Sudip Bandyopadhyay, Group Chairman, Inditrade Capital and Gurmeet Chadha, Co-founder, Complete Circle Consultant give their perspective on Sensex touching 60,000 with Sakshi Batra.
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The economy is recovering but GDP is expected to be only slightly larger than it was in pre-pandemic 2019-20.
The NIP will help augment India’s productive capacity, contribute to our overall growth and bring down the logistics costs, improving competitiveness
Diversification is key and should be followed for stable and steady returns in the long run.
There is a need to continuously facilitate trade and industry and provide thrust to the growth promising sectors of Indian economy.
