aily Voice | India offers higher growth than other EMs, current valuations not alarming, says this CIO

Anil Sarin of Centrum PMS says India has always been an expensive market, but this is justified due to attractive historical stock returns and higher earnings growth.

Anil Sarin
Anil Sarin

The Chief Investment Officer at Centrum PMS with over 25 years of rich experience in fund management expects overall private capex to be strong over next 2-3 years, due to rising/peaking capacity utilisations, improving demand visibility and comfortable balance sheets. He believes India offers higher growth than other emerging markets (EMs) and therefore current valuations don’t seem to be very alarming to us. On the valuations front, the Nifty is trading at forward PE Of 20.6x which is roughly 0.5 standard deviations above mean.

Leave a Reply

Your email address will not be published. Required fields are marked *

Next Post

Global bonds tumble into their first bear market in a generation

The Bloomberg Global Aggregate Total Return Index of government and investment-grade corporate bonds has fallen more than 20% below its 2021 peak, the biggest drawdown since its 1990 inception. Under pressure from central bankers determined to quash inflation even at the cost of a recession, global bonds slumped into their […]
sock market

You May Like

Subscribe US Now

Error: Your Requested widget " newsletterwidget-2" is not in the widget list.
  • [do_widget_area fullwidth-homepage-sidebar]
    • [do_widget_area sidebar-1]
      • [do_widget id="search-2"]
      • [do_widget id="recent-posts-2"]
      • [do_widget id="archives-2"]
      • [do_widget id="categories-2"]
    • [do_widget_area widgets_for_shortcodes]
      • [do_widget id="newsletterwidget-2"]
    • [do_widget_area wp_inactive_widgets]