India’s economic gloom lifting, says a bullish Credit Suisse
Sucheta Dalal 22 Jan 2013

Credit Suisse sees a rosy future ahead—lower inflation, rate cuts, higher growth and so on. But then, how can the brokerage not be highly bullish after a six-month run in the Sensex from 16,000 to 20,000?

 

Moneylife Digital Team

 

Credit Suisse analysts have asked the following questions about India:

a. Is GDP growth bottoming?

b. Are we at the start of a renewed downshift in inflation?

c. Are policy interest rates set to be cut by a meaningful amount?

d. Do the government’s reform measures mark an important policy shift?

e. Do recent developments significantly reduce the chances of the rating agencies cutting India to sub-investment grade?


And have found themselves answering ‘yes’ to all of them.

 

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