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Finding value in Indian stocks

More than one million coronavirus infections have now been registered in India. The nationwide lockdown has hit the economy hard. The International Monetary Fund expects India’s GDP to fall by 4.5% this year. The National Stock Exchange of India collapsed on March 23, 2020 like so many markets worldwide, but is already showing signs of recovery. Especially IT companies and the healthcare sector have proven to be robust, says Vipul Mehta, Head of Investment APxJ, Nomura Asset Management. We spoke with him about the outlook for India’s economy, the Indian stock market and where investors can find value in these uncertain times.