September 24, 2021
Markets

Expect Indian Market To Show Resilience; Bullish On Financial Institutions: Sparx Amc

India is showing some solid fundamentals and recovery from the COVID-19 variant, said Kohei Matsui, portfolio manager -Asia (Ex-Japan) Long-Only Equity, Sparx Asset Management, in an interview with CNBC-TV18.

India is showing some solid fundamentals and recovery from the COVID-19 variant, said Kohei Matsui, portfolio manager -Asia (Ex-Japan) Long-Only Equity, Sparx Asset Management, in an interview with CNBC-TV18.

Matsui said, “We can expect positive fundamentals from Indian corporates. We are also seeing some merger and acquisition (M&A) activities in the market where large companies are buying smaller companies. So, I believe the Indian market will still show some resilience, going forward.”

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According to him, the financial industry is still showing positive earnings growth after recovering from COVID-19. He is bullish on financial institutions.

“Sentiment and the…

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