INDIA STRATEGY : 03.06.2021
* New Highs On Leading Indices Raises Doubts Whether A Bubble Is Brewing
• In Our View India Is Not Yet In Bubble Territory
* There is Richness But Not Yet A Bubble In India Stock
* Holding Periods Are Declining Which Is A Tell Tale Sign Of Fast Money
* Leading Indicators Are Still Well Poised For Market Outlook
* Corporate Earnings Are Generally Positive About Equity Returns
* Cross Asset And Sentiment Indicators Are Neutral On Equities
* India Seems Set To Beat EM.
* For A Stock Picker's Market With Ample Alpha Opportunity
* Order Of Preference Is: Domestic Cyclicals > Rate Sensitives > Global Cyclicals
* Order Of Preference Is: Defensives Exporters And, Large Caps > Small Caps
INDIA STRATEGY : 03.06.2021
