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India may see more de-rating if growth expectations reduce: Saion Mukherjee

Rising interest rates will have a negative impact on equity markets, as this is being driven by inflationary pressures, higher deficit and not so much from growth, says Mukherjee

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Markets | economy | growth

Samie Modak 



Saion Mukherjee,Nomura
Saion Mukherjee, MD and head of equity research, India, Nomura

The sharp rebound in the is being fuelled by strong domestic liquidity and expectations of strong earnings growth, says Saion Mukherjee, managing director and head of equity research, India, Nomura. In an interview to Samie Modak, he says India’s valuation premium to other emerging (EMs) will reduce as liquidity conditions tighten. Edited excerpts:

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First Published: Thu, January 13 2022. 23:55 IST

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