From the side-lines of the Edelweiss Conference in Singapore, Aditya Narain, Head of Research at Edelweiss Securities said mood in the market remains robust and he sees fair amount of confidence in the market.
Investors are worried over President‘s Donald Trump‘s ‘Make in America‘ rhetoric, UK Prime Minster Theresa May‘s Brexit stance and Indian Prime Minister Narendra Modi‘s demonetisation drive. However, the rise of global protectionism is not a grave threat to the growth of markets in 2017, according to market experts.
The house is upbeat on consumer discretionary on back of retail demand and industrials too, but are cautious on consumer staples because of expensive valuations, Ludovic Vauthier, Portfolio Manager, Edmond de Rothschild Asset Management SAS and Saint-Honore Inde.
People have been adopting digital transactions, including digital wallets, for a long back in India and the government's demonetisation has only given the process a push, said Ritesh Pai, Senior President and Country Head - Digital Banking of Yes Bank.
The performance of Indian stock market should be looked at not just in isolation but also in the context of how emerging markets are doing, said Anup Maheshwari, Executive Vice President of DSP BlackRock Investment.
In an interview to CNBC-TV18‘s Latha Venkatesh, RK Bansal, ED at IDBI Bank gave his views about the RBI policy.
The implementation of the Goods and Services Tax (GST) can add 1.5-2.0 percent to the country‘s GDP feels Adi Godrej, Chairman of Godrej Group.
Speaking to CNBC-TV18, Bhaskar Bhat, Managing Director of Titan Company, said the sales of watches and jewellery could have been much better had demonetisation not taken place.
Earnings growth this quarter might remain soft, but investors are in the mood to invest and there is palpable optimism around India, says Rashesh Shah, Chairman and CEO of Edelweiss Financial speaking to CNBC-TV18 on the sidelines of Edelweiss India conference.
There is no doubt that the Indian equity market is in a structural bull market that has the potential to create wealth for investors is the word coming in from Vikas Khemani, President & CEO, Edelweiss Securities.
Vikas Khemani, executive vice president and head of institutional equities at Edelweiss Securities spoke to CNBC-TV18 about his takeaway from Edelweiss’ seventh annual conference.
Kushal Desai, MD of Apar Industries, in an interview with CNBC-TV18’s Gautam Broker and Latha Venkatesh, spoke about his visit to the Edelweiss conference and the recent happenings in the company.