Sorbh Gupta, head of equity at Bajaj Finserv Asset Management, argues that Indian equities are positioned to outperform other emerging markets in the near term.
The asset manager’s leadership points to a combination of improving foreign investor sentiment and relatively attractive valuations as the primary drivers for this outlook.
The benchmark Sensex climbed more than 790 points, while the Nifty 50 gained nearly 200 points in a broad-based rally.
This perspective adds to a growing chorus of domestic optimism as market indices show signs of renewed momentum.
The bullish assessment comes as Indian equity markets staged a sharp recovery earlier in the week.
The benchmark Sensex climbed more than 790 points, while the Nifty 50 gained nearly 200 points in a broad-based rally.
This technical strength suggests that the market is poised for further breakouts, provided foreign portfolio investor (FPI) flows continue to support the momentum.