News From Press Large-caps better placed than mid- and small-caps

Large-caps better placed than mid- and small-caps

Source: Hindu Business Line Dec 7, 2023

The trajectory of US interest rates and pace of global economic recovery will be among the factors that will determine the direction of Indian equities in CY24, says Anand Shah, Head-PMS & AIF Investments, ICICI Prudential AMC. Shah tells businessline that the initiation of interest rate cuts by the Fed next year will drive FPI flows into emerging markets, including India. Edited excerpts:

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