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  • News From Press We need 4-5 strong banks in India: Pankaj Murarka, Head of Equities, Axis Mutual Fund

    We need 4-5 strong banks in India: Pankaj Murarka, Head of Equities, Axis Mutual Fund

    Source: The Economic Times Feb 22, 2016

    What is your outlook for stocks?

    Pankaj Murarka: There is a great opportunity to invest into equities. We have seen a selloff in emerging markets and India has been a part of it.But, given where we are now, I believe India's growth will accelerate from here. We have spent the last three-four years fixing our macroeconomic imbalances and now India has the strongest macros which any Asian country or EMs have.

    What do you expect from the government in the Budget?

    Pankaj Murarka: It's a great opportunity for the government to use the Budget to accelerate investments in the domestic economy.

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