Gold scales are displayed in the deserted foyer of the Reserve Bank of Australia building in Sydney. (Photographer: David Gray/Bloomberg)
Consumption and capex-led recovery in India will outweigh immediate risks in equity markets, according to Ganeshram Jayaraman of Spark Capital Advisors (India) Pvt.The money lying on the sidelines waiting to get converted into demand is unprecedented, Jayaraman, managing director-institutional equities at Spark Capital, said citing a rise in saving bank balances.Banks saw Rs 6 lakh crore of savings bank balances, the highest ever dur...