Abakkus Asset Management expects mid-teen returns from the Indian equity market, Sunil Singhania, founder, said in an interview to CNBC-TV18.
The firm also advises investors to believe in the long-term story of the Indian equity market as the economy is expected to continue to grow by 7-8 percent over the next decade.
Also Read: Market set-up: Will Nifty recover or fall further? Check top cues for Dec 7
According to him, there are adequate opportunities in India and therefore, there is no need to look at overseas markets.
For the entire interview, watch the video
First Published:Dec 7, 2021 10:45 AM IST