An investor monitors an electronic stock board (Photographer: Goh Seng Chong/Bloomberg News)
Nilesh Shah, managing director at Kotak Mahindra Mutual Funds expects domestic liquidity to hit $20 billion-mark by year-end.
“Unless oil creates a mayhem, we have all the forces working towards better corporate earnings growth,” he told BloombergQuint in an interview. He said financials and mutual funds are poised to benefit in the long-term.