Expert view: Developed markets now offer higher growth and higher ROE, says Waterfield Advisors MD
A monetary policy development with market-wide reach.
· LiveMint Markets
Waterfield Advisors’ Riddhiman Jain says developed markets currently offer stronger growth and returns, drawing foreign investment away from India. With oil’s inflation impact likely clearer in the coming quarters, he expects volatile, uneven markets and favours nimble stock-picking.
The analysis
Rate decisions ripple straight into banks, NBFCs and every rate-sensitive sector — from real estate to autos.
Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.
Market context
- A market-wide development: it reaches beyond any single stock.
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