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Expect moderate returns in Samvat 2079: Bajaj Allianz Life's Sampath Reddy

We are positive on select private banks with credit growth picking-up and asset quality outlook being benign/improving.

Sampath Reddy, CIO, Bajaj Allianz Life
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Sampath Reddy, chief investment officer, Bajaj Allianz Life

Nikita Vashisht
After sharp outperformance of Indian equities versus global peers, growth slowdown, rising interest rates, geopolitical uncertainties, and valuations may weigh on domestic markets in Samvat 2079, says Sampath Reddy, chief investment officer at Bajaj Allianz Life Insurance, in conversation with Nikita Vashisht. Edited excerpts:

What are your return expectations from the next Samvat (year)?
 
Notwithstanding correction in global equity markets, India has been among the top performing markets so far this year. It is helped by its relatively better macroeconomic situation and stable earnings growth. However, given the worries of global growth slowdown, rising interest rates, geopolitical uncertainties, and current

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First Published: Oct 25 2022 | 9:10 PM IST

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