“The equity markets reaching record highs can be attributed to various factors, including the overall strength of the economy, corporate earnings, and investor sentiment. These characteristics have historically led to an increase in volatility,” says Vipul Bhowar, Director — Listed Investments, Waterfield Advisors.
In an interview with ETMarkets, Bhowar said: “The market is expected to continue its growth in the next 12 months, with government spending likely to be the growth driver in the first half and investment growth re-accelerating, especially from the private side, in the second half,”. Edited excerpts:
FY25 started on a good note, with benchmark indices hitting fresh record highs. How do you see markets panning out in the next 12 months? Will the momentum continue?
Vipul Bhowar: The market is expected to continue its growth in the next 12 months, with government spending likely to be the growth driver in the first half and investment growth re-accelerating, especially from the private side, in the second half.
As India is rapidly transforming into a powerhouse investment hub, the inclusion of Indian government bonds in JPMorgan’s Government Bond Index-Emerging Markets (GBI-EM) index suite is expected to attract a more significant number of global investors
Read more on economictimes.indiatimes.com