India Equities And The Liquidity Surge: Dolat Capital

February 17, 2021 0 By boss

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Another stellar quarter of earnings commentary and estimates upgrade generated superior equities market performance.

Nifty 50 is up 10% year-to-date led by banks (Nifty Bank up 19% year-to-date) and amply supported by strong flows in favor of emerging markets.

And India continues to attract its more than fair share of the flows – January 2021/February 2021 up 8981/up 21845 rupee crore.

The Budget 2021 proposals as well as the subsequent announcements clearly establish a pro-growth move by the government.

And its not just a subtle shift to kick start the economy – we believe there is a very real underlying shift in the stance taken by the Prime Minister Narendra Modi to defend private enterprises, privatization and other steps.

Click on the attachment to read the full report:

Dolat Capital India Equities – The Liquidity Surge.pdf

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