Brian Stutland, portfolio manager at Equity Armor Investments, shares his outlook for the Indian equity market amid a global market sell-off.
Breakdown
- India's stock market has remained resilient during recent global sell-offs.
- The Nifty Fifty index is trading near all-time highs in local currency and is in an uptrend. 6s
- Positive news from India's banking sector, including lending and money flow, supports market strength. 24s
- Markets typically experience volatility ahead of G20 meetings, but this usually subsides after the event. 39s
- Despite temporary uncertainties, the Indian stock market remains attractive. 1m 2s