India remains poised to benefit from excess liquidity: Enam
Published on Mon, Aug 23, 2010 at 08:11 | Source : CNBC-TV18
Updated at Mon, Aug 23, 2010 at 08:16
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India remains poised to benefit from excess liquidity: Enam
Lately government bond yields in the advanced economies have fallen rapidly and reflect the structural problems of these economies, says Nandan Chakraborty of Enam.
Here is expert equity call for the day on how the markets are expected to trade:
Nandan Chakraborty, Enam: Lately government bond yields in the advanced economies have fallen rapidly and reflect the structural problems of these economies. It will take a while for these economies to tackle deflationary threats. Hence, another bout of quantitative easing seems imminent that will release a wall of liquidity towards EMs. India remains well poised to benefit from the ensuing liquidity glut. An expected dollar weakening and softer crude prices, may in fact, accelerate momentum into India despite rich valuations.
