FIIs, Sovereign Funds To Keep India Mkt Full Of Liquidity: RBS


Mumbai: Weak global liquidity conditions, combined with appetite from sovereign funds and growth focused emerging-market funds may fuel investment flows into Indian equites this year, foreign brokerage RBS said.

"We see still loose global liquidity conditions, combined with appetite from sovereign funds and growth focused emerging-market funds fuelling investment flows into the equity markets," RBS said in India Investment Outlook 2014.

The brokerage said it has high hopes for recovery and reforms following the general elections. "We think corporate India will embark on a capital expenditure drive if changes in the political environment lead to more corporate-friendly policies post-elections. To kickstart investment-led growth, favourable government policy is needed."

Seeking to push investment-led demand and economic growth, the Cabinet Committee on Investment (CCI) has cleared 92 major investment projects worth over Rs 3.5 trillion, or 4 per cent of GDP, since last June. This should provide a strong impetus for investment-led growth, the report added.

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Source: PTI