 "SATISH RAMANATHAN, chief investment officer for equity at JM Financial Asset Management")
It has been a testing time for the markets that have swayed mostly to central bank policy decisions in the last few months. SATISH RAMANATHAN, chief investment officer for Equity at JM Financial Asset Management, tells Puneet Wadhwa in an interview that if there is a dramatic change in the central bank’s decision on interest rates, there could be a risk-on trade, but that looks unlikely for now. Edited excerpts:
What's your market outlook for the next Samvat?
Market valuations are about the decade average and earnings momentum is still positive. However, with central banks reducing liquidity and increasing interest
