Ashwini Shami strongly believes that Indian economy is on a multi-year high-growth trajectory, supported by strong infrastructure-building initiatives, growth investments and favourable geo-strategic developments.
Markets have already established a clear recovery trend, and the upcoming budget may provide further fuel for this rally, Ashwini Shami of OmniScience Capital said in an interview to Moneycontrol.
He expects double-digit growth in earnings in 2025, and interest rate cuts by both Fed and RBI likely to boost growth further.
Among sectors for 2025, the Executive Vice President & Portfolio Manager and co-founder of OmniScience has a positive outlook on power, engineering and construction, logistics and financial services sectors. However, the FMCG sector is still not favourable for investors, said Shami with more than 2 decades of experience in the financial services industry.