Essentially, the domestic government bond market will be watched in accordance with certain global criteria of liquidity and trading ease. The sovereign credit rating and tax policies of the government also assume greater significance as large dollar inflows enter India.
Gautam Duggad sees PE re-rating potential in 2 sectors; likes largecaps & may raise weight in Reliance
Gautam Duggal, Head of Research at Motilal Oswal, sees limited PE re-rating potential, primarily in large-cap financials and capital market stocks. He favors earnings visibility
December 23, 2024