“We agree that new-age businesses are key for growing the Indian markets and economy,” says Prashant Bisht, Deputy CIO at True Beacon.
In an interview with ETMarkets, Bisht said: “India is home to 108 unicorns, and almost 60% of the firms were established in the past few years; these firms are collectively valued at over $340 billion and have made sizeable contributions to the economy” Edited excerpts:
Market seems to be consolidating after hitting record highs. What is your take on markets?
Indian markets (i.e., NIFTY50) have been scaling new highs every month since the close of March 2023.