Mkt close to bottom; pick-up in investments key: Credit Suisse

Despite the global volatility, Mihir Doshi of Credit Suisse remains relatively positive on the equity market. He expects easing up of rates to boost developed economies.

Speaking to CNBC-TV18, Doshi said if the market has not reached a bottom, then it is close to bottoming–out. India continues to benefit from lower oil and commodity prices, he said. However, low prices have hit exports, Doshi said. Doshi said for growth in domestic market, investment cycle needs to pick-up. There has been a pick-up in asset sales, which will continue going ahead, he added.Watch video for more.