Indian markets to Outperform its EM Peers: Deutsche Bank

Posted By: Religare
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A report has said that the Government expenditure is likely to accelerate over the next two years and the Indian equity markets are expected to outperform its emerging market peers driven by pro-growth government policies.

Indian markets to Outperform its EM Peers: Deutsche Bank

According to Deutsche Bank's India Equity Strategy Report, the final two years of every national government since the Narasimha Rao administration in 1991, have thrown up some very distinct trends for equity markets, domestic economy sectors and the industrials /capital goods sector.

Commenting on the issue, a Deutsche Bank Official told the media, "Given the consistency, it is highly probable that we will see the trends seen in past terms play out similarly over the next two years."

"While the current administration headed by Prime Minister Narendra Modi is distinct from the past four national governments, by virtue of this being the first majority government in more than two decades, it still faces a minority status in the upper house of Parliament," he added.

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