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Despite a poor start, we like Indian market: Julius Baer's Mark Matthews

"The Hindenburg-Adani Group affair will eventually become yesterday's news, and the market will focus on the fact that India does have strong earnings growth this year"

Puneet Wadhwa
Mark Matthews
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Mark Matthews

The Indian stock market does not normally get talked about a lot in the major financial centres. Now it is, unfortunately for all the wrong reasons, says MARK MATTHEWS, head of research for Asia, Julius Baer, in conversation with Puneet Wadhwa. Edited excerpts:
How do you see global equity markets play out in the remainder of Calendar 2023?
Equity markets across the globe fell in 2022 due to sharp monetary tightening by central banks, especially the US Federal Reserve (Fed). There is a lag effect between when rates rise and the impact they have on the economy, and many economists are calling for a recession sometime this year.
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First Published: Feb 20 2023 | 6:10 AM IST

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