By- Mr. Vishad Turakhia, MD & CEO Equirus Securities ;
“Indian markets reaching record highs is on the back of a confluence of factors. Domestic demand remains robust with strong festive and GST cuts induced buying, supported by benign inflation supporting discretionary spending. At the same time, robust government capex, recent FTA announcements and positive developments on the US-India trade front are increasing the appeal of Indian markets. Monetary policy remains supportive for liquidity and credit uptick and with further policy easing on the cards – optimism is intact.”