 "B Gopkumar, Chief executive officer, Reliance Securities")
Aggressive rate hikes by the US Federal Reserve could result in a flight of capital from emerging markets like India, says B Gopkumar, chief executive officer, Reliance Securities. In an interview with Ashley Coutinho, he says the push towards digitisation and increasing penetration of mobile banking are likely to boost equity culture in the country. Excerpts:
What is your market outlook for the next year?
The Nifty has gained more than 15 per cent year-to-date, mainly on hope that the government will remain in power after the 2019 national election and continue with its reforms. The Nifty is trading at about
