As a result, the risk-on strategy will come in. In other words, we anticipate increased FII investment in India and expect the rupee to appreciate. We would not be surprised if the rupee were to fall below the 80 levels in 2023.
Market veterans favour value plays over crowded, expensive themes
Market experts project cautious optimism for Indian equities as valuations become less demanding and earnings growth aligns. Large-cap stocks appear more favorable compared to mid-