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    HomeNewsOpinionMild overweight on equities; bullish on Indian government bonds: the post-Budget view

    Mild overweight on equities; bullish on Indian government bonds: the post-Budget view

    The focus on fiscal discipline could boost the case for a sovereign rating upgrade. Robust economic growth, strong earnings growth, and sticky domestic investor base are supportive factors for Indian equities. Outlook for government bonds remains bright as well

    James Cheo
    July 25, 2024 / 08:57 IST
    The budget positively surprised the market consensus by accelerating the pace of fiscal consolidation
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