Lower crude and global stability seen lifting Indian markets
In short
ANMI President Kamlesh Shroff said lower crude oil prices and a stable global backdrop could help Indian markets in the new Samvat. He also said India’s growth is projected at over 7%, which may support equities.
He said a stronger rupee could bring in foreign investors again, even as retail and domestic institutional investors stay active. He added that the US election result may reduce tension and lift business confidence.
What the reporting says
ANMI President Kamlesh Shroff said lower crude oil prices, global stability and India’s over-seven-percent growth outlook could support equity markets in the new Samvat. He said a stronger rupee may attract foreign investors, while retail and domestic institutional investors remain active despite foreign investor withdrawal. He also said clarity from the recent US elections could ease geopolitical tensions and improve business confidence.
Why it matters
Kamlesh Shroff, president of ANMI, said Indian equity markets could benefit from lower crude oil prices, a stable global environment and India’s projected growth of over seven percent. He linked weaker crude to a potentially stronger rupee and said that could draw foreign investors back. He also noted that retail and domestic institutional investors remain active, while clarity from the recent US elections may reduce geopolitical tensions and support sentiment.