“We see market performance to be more stock specific and companies exposed to the domestic economy with healthy cash generation and leaner balance sheets should do well. We continue to remain positive on the banking sector – the sector has seen improvement in its asset quality resulting in a decline in overall credit cost.”
ETMarkets Smart Talk| Two more US Fed cuts could trigger FII comeback to Indian equities, says SMC Global’s Ajay Garg
The US Federal Reserve’s rate cut sets the stage for increased FII inflows into Indian equities, driven by strong domestic fundamentals and festive demand. Despite