India Financial Sector to Benefit from Economic Growth
India is all set to become a $5Trillion Dollar Economy in GDP terms by 2025. Backtracking the numbers, Financial services will be a big beneficiary – of this growth. According to Morgan Stanley, for this GDP growth to be achieved, the financial services sector will need to grow in the high teens over the decade.
The last three years have not been kind to the India Financials. The persistent economic slowdown and high interest rates caused default levels to rise (more…)
Indian Retail investors obsess about headline index levels, often missing out the main contributors for the rapid rise in the SENSEX. Investors get the market direction correct, but end up with stocks in their portfolios that are under-performing the market. One of the common reasons this happens, is because of the tendency of investors to look at the big winners of the previous bull market and to assume that they would re-emerge as winners in the next bull run. In the bust that follows the boom, the leaders of the previous bull run, after an exaggerated rally, typically see a very sharp correction in stock prices.