SINGAPORE (Dec 24): In a year where uncertainty regarding geopolitics, trade conflicts, the future of customs unions, spiking energy prices and, importantly, trending US dollar strength (anticipating further US Federal Reserve tightening) sets the table for significant market volatility and investors being whipsawed, we have remained steadfast in our conviction on India’s secular fundamentals: consistent, high-frequency economic data affirming the strength in domestic consumption and a nascent capex cycle, credible inflation-targeting monetary policy and fiscal discipline, transparent policymaking encouraging the commitment of risk capital, and sustained domestic investor equity flows as a backstop for valuations. 

On the back of lower energy prices, fundamentals are starting to reassert themselves. We would make the case for investors to take advantage of any market uncertainty ahead of the general election to invest in Indian equities on a structural, longer-term view. 

Putting a spotlight on the key variables that are likely to impact the markets over the next 12 months: 

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook