Indian equities to outperform despite near-term risks: Standard Chartered

While acknowledging that valuations appear stretched, Standard Chartered noted that Nifty's 12-month forward P/E ratio of 20.6x is above its long-term average of 18.2x but still below recent peaks.
Tanmay Tiwary New Delhi
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Standard Chartered on Indian equities: Standard Chartered remains 'Overweight' on Indian equities, citing a favourable mix of domestic growth recovery, robust earnings prospects, easing financial conditions, and strong support from domestic investors. While near-term volatility is expected, Standard Chartered expects equities to outperform other traditional asset classes (bonds, commodities) in the medium-term.
'We stay overweight equities and expect it to outperform other traditional assets. A likely recovery in domestic growth and earnings, easing financial conditions, better valuations relative to bonds amid low foreign investor positioning and robust domestic investor flows are key drivers supporting our positive view on equities,' Standard

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Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Ads By Google Ad will close in 29 Skip ad in 4 Skip Ad SEBI also gave its green light to a streamlined disclosure regime for Qualified Institutions Placements. The lengthy and often duplicative disclosure requirements will give way to concise, issue-specific and material risk disclosures, leveraging publicly available data. 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