Jinesh Gopani, head of equity at Axis Mutual Fund, speaks to Mint about the prospects for the stock market in a rate hike scenario as well as the key themes that can play out for Indian investors over the next few years.
Both the US Federal Reserve and the Reserve Bank of India seem to be on a rate hike path. What effect will this have on the equity market?
You have to see how the rates have grown—whether they have grown very quickly, or in a measured way, as it has already been articulated by the Fed or RBI in the market. So, it is very difficult to guess how fast or how slow the rate hikes are going to be. But for sure, the rate hikes are coming, given the inflation levels, given the GDP growth which is around. Click here to read
