"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
- Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
- Now Save Rs.3150 on your Demat Account ...Click here
- Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
- Get the most detailed result analysis on the web - Real Fast!
- Actionable & Award-Winning Research on 500 Listed Indian Companies.