Market in a zone where we will have a 15% move two-three times a year: Sunil Singhania

The appetite for Indian equity both domestically and internationally is growing, paving the way for a bullish market, according to Sunil Singhania, Founder of Abakkus Asset Manager. Singhania is optimistic about a good monsoon and growth, infrastructure spending, increasing corporate expansion, and a shift of global investments away from China toward India. Singhania says the world is stabilising, due in part to soft oil prices, settling inflation and a return of cost pressures, plus China’s reopening that creates an optimistic outlook for the second half of 2023.