'Bull run in global equities is just starting,' Atul Suri expects 18-20% upside in major US indices

Suri pointed out that India is probably the first market to break out to lifetime highs, adding, "I think in a scenario where global markets have about 18 to 20% upside, I don't think that India is going to lag in a big way."

Next year, Suri expects India to witness its largest ever foreign institutional investment (FII) inflows along with steady domestic investments and Systematic Investment Plan (SIP) flows seen this year. This will be aided by changing global financial conditions such as decreasing bond yields.

For more details, watch the accompanying video