It’s been a cracker of a year with the stock market illuminating the lives of the investing community. Fears are being eliminated as if no worries exist. The market has also seen some amazing display of firepower in terms of liquidity. The best thing about this scenario has been the visible boost to the fortunes of many Indian corporates, which were otherwise grappling with balance sheet woes.
By virtue of its emerging value and the sheer wealth of opportunities for global investment across verticals, India would actually be in a sweet spot of sorts. We seem well poised to outperform the world in the years to come. With the Nifty trading around ~5150, non-index stocks are poised to outperform their larger peers. Investors would do well to adopt a bottom-up approach while buying.