
What India’s Digital Transformation Means for Markets, Investors and Economic Growth
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New Economy Sectors - What Will It Affect Capital Markets?
We think there will be significant changes in the capital markets or the next two to three years. The size of indian capital market will rise from current 3 and a half trillion to well above five trillion by 20 24, which will basically make india from number seventh currently in terms of its ranking by market cap,. To fifth largest market after us. China, uraria and japan. But one thing i would hilit here is that many of these economy companies derectly trading at expensive alevations compared to the public equities. So investors need to be a little bit more selective and mindful of allevations.
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