fiscal support given in developed economies unprecedented. Increasingly looking at normalisation of global economy. Pick up in global growth augurs well for India. Data suggests things are improving on covid front. Cannot explain the resilience of markets amid second wave. No point ruminating over resilience of markets. Local curbs certainly going to adversely impact earnings. Even before covid, India’s growth was in deceleration. Run up in commodity prices has been dramatic. Agri price index has risen sharply, boom in agri commodities. China clearly readjusting its economy towards tech. Profitability transition of steel firms looks dramatic. Housing sector looks very interesting. Revival Of Realty Cycle & Capex Rise Make Housing Attractive. Structural Growth Story In Auto Sector In Still Intact. Watch the full interview with Vetri Subramaniam, Group President and Head of Equity at UTI Asset Management Company Limited on The Market!
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