"But if you look at the new index entrants, that's where money has definitely been made and that trend would probably continue,” he said. This should really enthuse us because over the last three-four years, unfortunately, our export growth has plateaued. That brings us to the fact that if you look at this metric in 2010 none of the financials were there. Today, if you look at the weightages you do not find any asset companies, no metals, no utilities, no OMCs, nothing. If you are making a case for the next 10 years, you would probably go back to private capex, asset creation, capital goods.

Source: Economic Times January 01, 2020 06:11 UTC