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[hfe_template id='11223'] [ad_1] Citing improving economic fundamentals and a more stable currency outlook, independent emerging markets commentator Geoff Dennis, in an interaction with ETNow expressed his intent to gradually rebuild positions in India. Despite a challenging start to the year for Indian equities, Dennis believes the market presents a compelling opportunity for long-term investors. Dennis acknowledged that India’s high valuations and a weaker-than-expected GDP number contributed to the recent downturn. However, he expects economic growth to recover, supported by monetary and fiscal measures. “You have now got real interest rates, which are around 200 basis points, so there is scope maybe for more rate cuts eventually from the RBI. You got a tax cut coming through as well,” he explained, suggesting that these factors could create a more favorable investment climate. He added that the stability of the Indian rupee in the face of potential dollar strength is...

[hfe_template id='11223'] [ad_1] The strong equity performance for the past few years has resulted in greater equity investments by retail investors, improved investor sentiment, deeper penetration of mutual funds and SIPs, outperformance by mid and smallcap stocks and funds, reinforcement of faith in the strength, vibrancy and resilience of the Indian economy, and a higher degree of confidence in markets and their potential. It has also given rise to unrealistic expectations about the magnitude and timing of equity returns in the short run. The economy has been slowing down in patches for some time and FPIs have been selling relentlessly, but the continued retail inflows and the faith in the Indian economy have eclipsed the underlying ground realities. In the last few weeks, equities have corrected sharply, personal portfolios are bleeding and there is a question mark now whether to hold, buy or sell. TRUMP There are multiple sources of uncertainties. The US remains the...