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Devendra Singhal, Equity Fund Manager at Kotak AMC, is bullish on the manufacturing sector and expects a revival in overall consumption levels. He discusses the impact of liquidity, market correction, commodities, consumer sector, and utilities on the Indian market.
"It is a good news that domestic investors are owning more of incremental equity in India than foreigners. The domestic flows are driven by increased flow in mutual funds via lumpsum and SIPs, insurance money, provident fund and National Pension schemes. We expect these flows to increase over the coming months. Also, lack of high yielding return avenues shall drive higher flows into the equity market."