Indian
equities have had a rather unexpected wobbly start to 2013, after showing
remarkable resilience in 2012. This shakiness, according to Sakthi Siva of
Credit Suisse, has to do a lot with investors booking profits on their
investments. Her own strategy is to buy the dips. So with recent correction, they
are highlighting India now as one of the four cheapest markets in the region."
she told CNBC- TV18 in an interview”.
This is the fifteenth time since 2000 that India has made it to
the "cheapest four" list of Credit Suisse and 13 of the 14 times
India has outperformed. "I am quite confident that India by the end of the
year will actually be a major performer," Siva says.
HSBC Global AMC – Investment Director-India Equities thinks’
likewise when he say’s India is looking
good. There is a lot of opportunity. We find a lot of attractively valued
stocks in India.
Going forward the Indian markets
looks volatile, reacting & over-reacting every news coming along….. Having
said that the trajectory will be upwards… good opportunity for investors with
three time horizon.
For investment tenure of 12 months to
18 months stick to Debt Fund for post tax returns around 9%. In other words it’s
high time you get rid of your traditional Bank FD.
