Manulife Investment remains bullish on Indian market; Says no massive correction anticipated

Talking further about Nifty, India's benchmark stock market index, one of the key points that Gupta emphasised was his expectation that it is likely to remain rangebound. A rangebound market refers to a situation where the index or stock prices fluctuate within a relatively narrow price range.

Highlighting potential opportunities, Gupta revealed that Manulife Investment will concentrate its efforts on emerging markets and, notably, on Indian markets. The decision to focus on these regions is underpinned by the positive outlook on their fundamentals. Emerging markets often display substantial growth potential, while the Indian market boasts robust economic indicators and favourable demographics.

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