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'CY23 will be a volatile but rewarding year for Indian equity investors'

We expect high single-digit to low double-digit returns for equities in CY23, with preference for mid-caps over large-caps, Jitendra Gohil, director, global investment management at Credit Suisse

Jitendra Gohil, Credit Suisse | Photo Credit: Kamlesh Pednekar

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Jitendra Gohil, director, global investment management at Credit Suisse Wealth Management India

4 min read Last Updated : May 29 2023 | 6:05 AM IST

It has been a scrambled five months for Indian equity markets. Jitendra Gohil, director, global investment management at Credit Suisse Wealth Management India, in conversation with Puneet Wadhwa, says he expects a high single-digit to low double-digit return for Indian equities in calendar year 2023 (CY23), with a preference for mid-caps over large-caps. Edited excerpts:

When do you see Indian equity markets exiting the phase of consolidation?

CY23 will be a volatile but rewarding year for Indian equity investors, with the purpose of consolidating in the first six months, followed by recovery in the second half. We continue to hold

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