INSUBCONTINENT EXCLUSIVE:
Kochi-based investor Porinju Veliyath remains positive about Indian stock market and the economy
He believes that bull market has just started in India and Prime Minister Narendra Modi will be back in power for the next five years
In an exclusive interaction with ETNow, he said some of the reforms like the goods and services tax (GST) and Insolvency and Bankruptcy
Code (IBC) are irreversible and the current government has pressed the reset button on the political economy too.
Sharing his views on the
advanced 7 per cent and 10 per cent, respectively, in the past one month while the Sensex added nearly 2 per cent.
The founder and CEO of
Equity Intelligence India projected that the Nifty can rally around 2,000 points in the next 1-1.5 years whereas hundreds of quality mid as
well as smallcaps can double investors money during the same period
He called on investors to focus on companies with good corporate governance and adopt a bottom-up approach for stock selection
robust overseas money flying back to India this year
They have been ignoring Indian markets for a while
out.
After an outflow of Rs 32,627 crore last year, foreign institutional investors have already poured Rs 19,705 crore in 2019 so
