financetom
Market
financetom
/
Market
/
Karma Capital expects tax cut, lower rates to spur earnings revival in H2FY20
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Karma Capital expects tax cut, lower rates to spur earnings revival in H2FY20
May 20, 2019 2:19 AM

Nandita Parker, managing partner, Karma Capital, in an interview with CNBC-TV18 shared her views on Exit Polls, market outlook and the spaces they are upbeat on in Indian market.

It looks like the market is poised for a good rally post exit poll predictions, Parker said, adding that the house has been positive on the Indian market since last three months and are happy that things are shaping up well.

“From a global portfolio investor point, we would look ahead for the policies of the government such as the continuation of policies and some direction on fiscal policy in terms of simplification of tax rules, ease of doing business for foreign investors, hopefully, lower corporate taxes and increase in spending on infrastructure, “ she said.

The rally would likely be broad-based and would prefer to look at infrastructure and everything related to that space like road building, cement and wastewater management, Parker said.

“In the infrastructure sector, there is a whole lot of space, there is logistics which is another sector we are positive on,” she said.

According to her, there are a bunch of things that need to happen in terms of opening up the market even more and in terms of removing some of the ambiguities which are acting as deterrents for more flows to come in.

First Published:May 20, 2019 11:19 AM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2025 - www.financetom.com All Rights Reserved