“FM Resisted From Populist Policies”
  • Prabha Hedge
  • Feb 18 2014

February 18: Abhay Laijawala, Head of Research, Deutsche Equities, tells Harsha Subramaniam that the vote-on-account was primarily a convention. Further, talking about markets he says that the firm expects volatility to continue in Indian equities. Laijawala adds, “Risk of a fractured mandate in 2014 polls looks low. However, it is difficult to expect a full majority given India's polity.”