Anand Rathi, chairman of Anand Rathi is very optimistic on the growth and prospects of Indian economy and he stated in no uncertain terms that he do not think that India is going through a bear market. It cannot go through a bear market. The economic growth will be good. The inflation and interest rates are worth concerning, which have peaked at this moment. The interest rates are likely to go down. If the global situation doesn’t improve, one good factor which can happen for India is the decline in commodity prices. Lower commodity prices will help Indian economy and Indian corporates in their earnings. Even if global scenario of growth is not good, going forward, once India comes over problems of inflation, interest rates and governance issue, we can see a good market coming back.
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