Mihir Vora of Trust MF expresses cautious optimism about the market, viewing the dollar’s recovery as a technical bounce. He anticipates continued FII inflows into India, contingent on stable conditions. Vora highlights the need for improved domestic growth indicators, particularly banking credit, to sustain a 6.5% GDP growth, while favoring larger private sector banks due to their pricing power.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets