Indian stock markets may be nearing their next big rally – and the financial sector (BFSI) could be the sector leading the way, says Rohit Seksaria, fund manager at Sundaram Mutual. Speaking to ET Now, he said that with government tax cuts, GST rationalisation, RBI rate cuts and liquidity measures kicking in, macro conditions can […]
Motilal Oswal Asset Management Company is taking a decisive overweight in large private banks and is betting on improving net interest margins, lower credit costs and robust credit growth. Executive Director and CBO Akhil Chaturvedi believes that after years of underperformance, the industry is poised to outperform as balance sheets strengthen and earnings momentum increases. […]