Prime Minister Modi’s visit to the United States this week. What is its fit? What is its importance?
Anurag Singh: In the end, this is only the mind meeting. Both Prime Minister Modi and Trump want to go on the same page. India is not the target here on the basis of fees or any such policy. India is really a beneficiary Trump administration. Most of the business circles believe this. So, it is only to get a renovation that no one leaves. We should not come here and there in this story and unnecessary commentary as India is often an exporter. Therefore, this firm assurance is that Trump will get the support he needs and that he can trust India.
The target for Trump is the China and the European Union, India is actually the net beneficiary as a whole. So, this would be a good meeting and India is not really afraid. In fact, India must get everything under the Trump administration, and I hope that it is the news that comes from this.
What about Stock markets??? Of course, the arrival of the Prime Minister, that is, the news flow, in any case, we are going to react, but, except that, at least it seems to be outside the poison system? The big oscillation and hike would not have come in, so to speak, but at least we seem to have been confirmed for the past two weeks.
Anurag Singh: FII money is constantly pulled out, but rather, I wonder why this quantum is too low, because of the rupee depreciation, which is pending, so it is 4% or 5% higher to go in rupees, and it is one.Secondly, no one is acting out of the money out of India only, which is 80% of the funds that are active, and they all try more than the shares on the edges Growing Markets. From the last 10 to 15 years, the growing market as a basket is like 3% to 4% income, and the story is well known as a whole.
So, in the end, this will be a headache in at least 2025, and the growing markets will see the lower allocation. That is, of course, it depends on how the interest rates work, but jointly, I do not know, my feeling is that the money will continue to be out of it, it is good, it is good, the money is not listed, but the money will be out of the listed place, and that is what it is, my Vision, I may be wrong, but I am trying to think now.
You are coarse to me. The most coarse, the rupee is depreciated, the FIIs are out. But I will also remind everyone where the money goes. If we know that if this goes on to us, we know that it is a quick to challenge the securities by securities.
Anurag Singh: No, so true. So, we live in a relative world. If the 10 -year yield is 4.5 and the Indian 10 -year yield is 6.5, we know the story there. The second story is that a depreciation is pending, so at the end, the result will be 8% revenue, why returning to 8% of stocks, which is the second story.
The third story is that it is a joint market as a basket, and if it does not do it right, people are talking about it, and we are less likely to say that we should be in India, because the market will be 20% if the basket is expelled.
The fourth was moved to a place where the whole market was not listed. By the way, there is still a story. The philosophy is that if you invest in these mega technology companies, all the mega-caps in us are from the rest of the world, so this is sufficient toothpaste.
Therefore, all these things are united, especially India, and a review is based on the joint -growing market basket. India may continue to perform better, but that is, now money is not the time to open the flood gates, so at least it may be the net negative, and that is what I feel.
