Vikash Jain from CLSA expressed optimism about India"s long-term growth, despite concerns about ongoing market corrections expected until 2025.
Jain mentioned that Indian markets could see a seasonal rally in the next 6-8 weeks, potentially gaining 5-7% after a recent 10% increase.
Jain highlighted India"s consistent earnings trajectory, comparing it to other markets like Korea and South Africa that have experienced growth from a low base. He also emphasized India"s demographic advantage, noting that only a few countries, including India, are projected to have an increase in their working-age population, while most others are expected to decline.