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Market seems to be ignoring a possible recession in FY21: Sampath Reddy

India has been one of the most attractive markets for FPIs due to good growth and better return on capital employed (ROCE) as compared to emerging market peers, says SAMPATH REDDY, chief investment officer at Bajaj Allianz Life in an interview with Swati Verma. If the economic recovery continues to gather momentum and does better-than-expected, Reddy expects stocks from the capital goods sector to outperform. Edited excerpts: How long will the markets continue to ignore the reality of economic contraction in India? The market seems to be ignoring a possible recession in FY21 and is.....

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