Mr. Dinesh Thakkar (Chairman & Managing Director, Angel Broking) on Election Results:
“This is an unprecedented election result & something that the markets are rightly rejoicing. A strong stable mandate was the need of the hour and it has been delivered even more decisively than the markets had hoped for.There is well-grounded expectation that the new government will usher in strong pro-reform policies and kick-start the investment cycle.
Dinesh Thakkar-CMD Angel Broking |
More importantly, given the crucial phase that we are in of India’s demographic dividend, the key now is that the new government delivers on the aspirations of one of the largest and fastest growing youth populations in the world and catalyses a meaningful and long-term up-move in the economy’s GDP growth trajectory. In this backdrop, Indian equities are likely to be amongst the best-performing asset classes over the medium-term.”
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Corporate Communications
Angel Broking, Ackruti Star, 6th Floor,
MIDC, Andheri (E), Mumbai – 400093
Main : 022 - 393576000 (Ext-6956)
Website : www.angelbroking.com
angelresearch@angelbroking.in
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