“Indian macros are firing on all cylinders,” Mayank Khemka, chief investment officer for India at the bank, said in an interview, pointing to economic data ranging from power and fuel demand to auto sales. “When all of this is happening, it has to reflect in corporate performance. From here, the expectations of market returns should be in line with earnings growth, which is likely to be in double digits.”
Asian stocks to advance as US-China talks continue
Asian markets are expected to open higher following positive signals from US-China trade talks. US officials expressed optimism after the first day of negotiations, boosting