Bandhan AMC bets on rural economy as domestic market outperforms global trends

Despite global uncertainties and economic challenges, India's domestic market has displayed relative stability and resilience. This positive trend has captured the attention of investors seeking opportunities in a market that has consistently outperformed its global counterparts.

In an interview with CNBC-TV18, Manish Gunwani, Head-Equities at Bandhan AMC spoke about the significant potential of the rural economy and the robust performance of the domestic market, outperforming global trends.

“The domestic economy is poised better than the global economy because while we are seeing emerging markets do well, and the intensity of monetary tightening is such that you must be prepared that at any time some big global event may happen, whether it's in credit or geopolitics, etc. But the domestic economy is on strong footing, current account deficit, inflation, etc., I think India has done very well relative to global peers,” said Gunwani.