Whalesbook
Vikash Kumar Jain of CLSA Investment stated that India remains attractive compared to other emerging markets, with supportive trends likely to persist. He noted that India's valuations are becoming relatively better after underperformance, although still expensive on an absolute basis. Jain anticipates future rate cuts by the Reserve Bank of India, which should benefit rate-sensitive sectors and the consumption sector, further boosted by government support. He also holds an overweight position in IT stocks and sees potential benefits for India from AI market dynamics.