ETMarkets Fund Manager Talk: Avoid value traps in 2023! This money manager is positive on these 4 themes
“We expect more volatility in Indian indices in the first half. But as we move closer to end of 2023, we expect inflation to moderate, giving RBI options to provide a monetary stimulus. With 2024 being an election year, we expect the government will spend on rural and infrastructure development leading to a recovery in consumption in India. We expect indices to be under pressure in H1 2023 but recover in H2.”
