After a period of caution, Abakkus Asset Manager’s Founder Sunil Singhania believes the Indian equity market is turning a corner, with improving fundamentals, stronger consumption trends and supportive policy action likely to drive the next leg of growth.
“We were a little apprehensive over the last 15–18 months in terms of putting big money to work. But in the last two to three months, we’ve started getting constructive,” Singhania told CNBC-TV18, adding that macro indicators are aligning favourably both domestically and globally.
He pointed out that the government and the Reserve Bank of India (RBI) are working in tandem to boost liquidity, consumption, and capital expenditure, which should aid growth momentum. “Both the government and the RBI were working in unison. They were focusing