 "Anand Radhakrishnan, Franklin Templeton")
India stocks are expected to turn in a better performance in 2023 after undergoing time and value correction over the past year, believes Anand Radhakrishnan, Franklin Templeton’s chief investment officer, equity India.
In an interview to Bloomberg television, he also said that valuations have become more moderate, allowing for more reasonable return possibilities for 2023.
“So in some sense, I would look at 2023 to be a better year than 2022”.
According to him, macroeconomic headwinds are much more muted in India than the rest of the world while earnings growth is expected to improve as commodity prices ease.
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