Quantum Mutual Fund !
In a remarkable display of market optimism, the Indian stock market indices, Sensex and Nifty, soared to new record highs during early trade today. Investors rejoiced as the benchmark indices surged, signalling a renewed confidence in the country's economic recovery and positive sentiment towards the financial markets. Please find below the quote from George Thomas, Fund Manager- Equity , Quantum AMC.
Request you to publish this in your esteemed media.
QUOTE :
Domestic economic environment looks favorable for persistence of current earnings upcycle in the medium term. Healthy credit demand is indicative of a strong economic environment. India’s economic resilience amid global slow-down could attract FII flows in the medium term, potentially giving more legs to the current rally. Incremental data points across the globe suggest a possibility of faster than expected moderation in global inflation, limiting the quantum of further rate hikes. A faster than expected normalization in global environment would be positive for the corporate earnings cycle. Given the sharp run up, investors may consider making incremental investments in a staggered manner to benefit from the ongoing earnings upcycle.
No comments:
Post a Comment