Sandip Sabharwal suggests that the Indian markets are poised for a good year, driven by reduced global tensions, lower inflation and interest rates, and increased government spending. Mutual funds’ high cash positions provide a market cushion. While valuations are not cheap, infrastructure, construction, capital goods, autos, and select NBFCs offer opportunities, with Reliance expected to outperform.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets