According to Rob Marshall-Lee of Newton Investment Management, there is also a lot of pent up demand post the slowdown, Economy was stifled under the previous government, he says. The Narendra Modi government is pushing for economic reforms
Deepali Bhargava, economist, Credit Suisse says it will be important to see how the unseasonal rains impact prices going ahead. She says the RBI may cut rates in June policy. But she expects a pause on rate cuts post June 2015.
Infy has been lagging in earnings and growth assumptions for sales over the last two-three years, but there are some fundamental shifts within that stock. Adrian Lim, Aberdeen Asset Management would like to see some stability and consistency in decision making going forward, on the back of reshuffling of leaders within the senior management.
Loan growth in India will likely be lower than the Reserve Bank of India (RBI) forecast, the billionaire managing director of Kotak Mahindra Bank said on Thursday, adding that the bank is cautious about lending to sectors such as infrastructure and telecom.