Dr Lal Path Labs, India's largest diagnostics firm by revenue, reported fourth-quarter profit above expectations on Friday as strong demand for its bundled test packages lifted growth amid rising health awareness in the country.
Lakshmi Iyer of Kotak Investment Advisors discusses India's inward-focused economic strategy, fueled by rising rural and urban consumption and supported by the BFSI sector. Despite global growth concerns and fluctuating dollar dynamics, India's bond market remains attractive due to domestic institutional support and potential US rate cuts, with impending global index inclusions further bolstering bond yields.
As this uncertainty on global trade reduce, that desperation to hide also goes away and that could maybe take away thistemporary Tina which people are feeling about India. But again, a lot of this has a lots of ifs and buts and characters who are difficult to predict in what they would like to do and that is why it is still at least for the next 90 days or whatever is remaining of that 90-day period, it will be a headline driven market.
