The very cream of market veterans with decades of street cred share their invaluable perspective and analysis.
In an exclusive conversation with Bloomberg TV India, Aisha De Sequeira, Co-Country Head And Head Of Investment Banking In India, Morgan Stanley, spoke about the country’s pace of recovery. She said a quick revival remained uncertain, but added that the worst was definitely over for India.
Adrian Mowat, Chief Asian & EM Equities Strategist at JPMorgan, said one would continue to see inflows into equities. “In India, however, some FII outflows are possible. One can also expect more domestic investment in equities as FD rates fall,” he said in a Bloomberg TV India exclusive.
In an exclusive interview with Bloomberg TV India, JPMorgan Chief Asian & EM Equities Strategist Adrian Mowat said that the central banks would use quantitative easing (QE) till the economies needed it.
In an exclusive interview with Bloomberg TV India, Tai Hui, Chief Market Strategist-Asia at JPMorgan Funds, says domestic ownership of Indian equities is extremely low. “The market may get more domestic money in 12-18 months as the economy improves,” he said.
JPMorgan Funds Chief Market Strategist-Asia Tai Hui sees profit-taking in Japan and the US against the backdrop of the Fed Chief Ben Bernanke’s speech. However, in an exclusive interview with Bloomberg TV India, he said the correction in both the countries was quite healthy.
B.P. Singh, Executive Director & CIO - Equity at Pramerica Mutual Fund said Demand will come back if interest rates are cut.
B.P. Singh, Executive Director & CIO - Equity at Pramerica Mutual Fund, does not give market volatility much importance. In fact, in an exclusive interview with Bloomberg TV India, Singh said he was positive on markets and expects 2013 to be a good year.
Ashmore HoR Jan Dehn said, “Market correction was bound to happen as markets had ignored economic developments.”
Liquidity-driven risk on trade was the biggest risk for India, said Ambit Capital’s Investment Advisory CEO Andrew Holland, adding that he would rather buy Nifty at 5,500 than at 6,000. “There is a reduction in benefits from falling commodity prices. We do not see a big shift from bonds to equities and foresee 5,500 as a near-term bottom for the Nifty,” he said.