Despite the significant recovery in Indian markets after the lockdown restrictions were eased, Saion Mukherjee, head of India equity research, Nomura, said the stock market is not in a structural bull run yet. Mukherjee said lower interest rates and liquidity can sustain the domestic economy, which in turn, will support market valuations. Beyond FY21, what major themes should the Indian stock markets be watching out for? What will be the major tailwinds for the Indian markets in the post-covid world? We think lower interest rates and strong liquidity conditions can sustain beyond the pandemic, which supports market valuations.

Source: Mint October 19, 2020 02:47 UTC