Vikash Kumar Jain from CLSA discusses India’s bullish market trends, potential for low returns, and the recent growth in the pharma sector. He highlights the need not to view global sectors through the India lens and says that will be a blatant mistake. Jain expects increased investment flows into India only after there is rising confidence in emerging markets.
Tech View: Nifty reclaims 200-DMA. What are cues for traders on Thursday?
Indian indices began 2025 positively, with Sensex rising 368 points and Nifty gaining 98 points, driven by auto and banking stocks. Analysts foresee resistance near