Singhania says capex is happening, may rise as risks ease
In short
Sunil Singhania said companies are already spending on capex across sectors. He added that it could pick up more once outside problems ease, especially the West Asia war.
This matters because oil prices, inflation worries and bond yields are still hurting market mood. The source says India’s growth and earnings outlook is healthy, but it gives no numbers or timing.
What the reporting says
Sunil Singhania said capex is happening across sectors and could intensify once external issues ease, according to a Mint Markets summary. The reporting says he pointed to the West Asia war as a drag on sentiment, with oil prices, inflation concerns and bond yields staying elevated. He also said India’s growth and corporate earnings outlook remain healthy, but no timing or investment figures were given.
Why it matters
A Mint Markets summary says Abakkus Asset Manager’s Sunil Singhania sees capex happening across sectors, with more expected once external issues ease. He pointed to the West Asia war as a reason market sentiment is weak, alongside elevated oil prices, inflation concerns and bond yields. The report says India’s growth and corporate earnings outlook remains healthy, but gives no company-specific investment plan or figures.