Dean Kim of William O'Neil predicts India's GDP growth to outshine China; Unveils preferred stocks

India's economic growth is projected to be stronger not only in the coming year but also in the foreseeable future. This indicates that China needs to put in more effort to stimulate its economy. If China decides to implement additional stimulus measures, it could positively impact the market and potentially attract more liquidity towards their economy. However, as things stand currently, India stands as a promising and well-performing market.

In an interview with CNBC-TV18, Dean Kim of William O’Neil + Co expressed optimism regarding India's economic growth in comparison to its neighbour China. He revealed that the GDP growth forecasts for India were anticipated to be more robust for the next year, indicating promising prospects for the country's economy.

He said, “I was looking at the GDP growth forecast for China versus India and India is still stronger in terms of GDP growth headline into next year and beyond. So, China has more work to do in terms of providing more stimulus to its economy. If they were to come out with more stimulus – that could be good news for the market and perhaps that could sway the liquidity over to China, but as we are currently sitting, I still see India as a good performing market.”