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Daily Voice: AMCs could offer solid investment opportunities but be cautiously optimistic on OMCs, says Kunal Jain of Alpha Capital

Money ControlMoney Control · 17d
Daily Voice: AMCs could offer solid investment opportunities but be cautiously optimistic on OMCs, says Kunal Jain of Alpha Capital

Kunal Jain, Senior Consultant and Partner at Alpha Capital, believes that Indian asset management companies (AMCs) like HDFC AMC, Nippon, and UTI offer good investment opportunities due to the long-term growth prospects of the Indian economy and increasing adoption of financial products. He also sees a cautiously optimistic outlook for Indian oil marketing companies (OMCs) in the short to medium term, supported by strong domestic demand for petroleum products. Key drivers for the Indian equity market going forward include US Federal Reserve meetings, RBI monetary policy meetings, US Presidential Election results, assembly election results in India, and corporate earnings data.

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