Barring more three-sigma events, next 12 months, Indian market will do well: Chakri Lokapriya
Despite multiple three-sigma events, Indian markets have withstood the challenges and valuations remain intact. PSU banks will continue to perform well over the next 12 months as credit growth and NIMs remain strong. Indian IT companies are well placed due to their zero debt and therefore, offer favourable valuations. Real estate in South India, particularly Bangalore, look profitable due to a strong demand.
