Tarun Bhatia, Senior Director, Capital Markets at CRISIL Research expects global growth along with India's GDP to pick up in the second half of the current fiscal year.
CRISIL Research has come out with its report on profitability of textile companies. According to the research firm expects profitability of cotton yarn and man-made fibre (MMF) players to improve over the next few quarters on account of decline in input costs and moderate demand growth.
Equities research and rating agency CRISIL will soon come up with credit indices that will track differently rated long-term and short-term bonds and is likely to facilitate penetration of corporate bond market in the country.
Tarun Bhatia, author of the report and director- capital markets at Crisil Research and Prithvi Haldea of Prime Database, in an interview with CNBC-TV18's Latha Venkatesh, discuss whether the rules over there allow some loose listings or there are others reasons to look for the weakness in the GDR market.
The Indian equity market has been extremely volatile over the last 8 months on account of both domestic and global factors. Given this uncertainty, investors and Fund manager have moved towards defensive sectors such as FMCG and Pharma, which tend to be more stable in an otherwise volatile environment.
CRISIL FundServices believes that dividend yield funds can act as a defensive strategy for investors in the current volatile equity markets. Over the last 3 years, dividend yield funds have consistently outperformed the S&P CNX Nifty as well as other equity categories.