Markets have been over-optimistic in foreseeing rate cuts: Rahul Bhuskute

The biggest possible risk for Indian equities and for all asset classes globally is the possibility of delayed interest rate cuts by central banks globally, says Rahul Bhuskute, CIO, Bharti AXA Life

India appears to be in a goldilocks situation now with the macro and micro factors just right for sustained equity market performance, RAHUL BHUSKUTE, chief investment officer (CIO) at Bharti AXA Life Insurance tells Harshita Singh, in an email interview. Edited excerpts:

With equity markets at record highs, is it time for investors to book profit?

India appears to be in a goldilocks situation now with the macro and micro factors just right for sustained equity market performance. Economic activity uptick, manageable current account deficit (CAD), declining inflation, likely peaking of interest rates, good capex outlook and strong earnings expectations, all point