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India on cusp of a golden decade: Manish Sonthalia

Byindianadmin

Jul 22, 2022 #Golden, #India
India on cusp of a golden decade: Manish Sonthalia

“India is on the cusp of a golden decade earlier than it. Within the subsequent 5 years, different money will likely be made in equities. That’s my agency peek,” says Manish Sonthalia – Executive Director, CIO – PMS, Offshores & Alternates, Motilal Oswal AMC.In an interview with ETMarkets, Sonthalia stated: “There is going to be volatility till about September that occurs. I contemplate Indian markets will backside out in the subsequent 2- 3 months” Edited excerpts:



After 3 consecutive months of losses produce you watched we could well well additionally look some inexperienced in July as one of the important most headwinds appears to be like to be slowing down? What’s your peek on markets for the short to medium term?

Indian markets are no longer likely to backside out unless US markets backside out. The US markets are likely to backside out when everything opposed about passion price hikes and recession gets priced in.

I articulate 70-80 per cent of all negatives referring to the above has already got priced in. We’re likely to observe the balance 20 per cent safe priced in the subsequent couple of months.

There is going to be volatility till about September occurs. I contemplate Indian markets wil
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