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Strong mandate is positive for equity and debt markets: Future Generali

A stable and decisive government can reengineer Indian growth story, says Dr. Pradhan.

May 17, 2014 10:27 IST | India Infoline News Service

"The strong mandate received by NDA this morning  is positive for both equity and debt markets. A stable and decisive government can reengineer Indian growth story through spearheading structural reforms going ahead, and thus increasing foreign investors’ interest on India.
 
While a lot of the positives are already factored in by the markets, now everyone will  be watching out for actual steps to be taken by the Government starting with Union Budget and Tax Reforms etc. With the likelihood  of investment cycle kick-starting soon, investors could look at buying at every fall  cyclicals such as  banking, cement, capital goods and Oil & Gas etc."

The author is Dr. Pradhan -Chief Investment Officer, Future Generali India Life Insurance

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