ICICI Direct Says Investments In Riskier Assets To Continue In 2021; Recommends Top Stock Picks

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Direct Report.As the Covid-19 pandemic continues to remain a bigger concern for the global economy, major central banks around the globe have reduced interest rates to near-zero to address the situation while emerging economies, including India, have also reduced interest rates to historic lowsWhile developed economies are facing deflationary pressure, the monetary easing around the world is expected to continue in the coming year also as the global economy will need more fiscal support to recover.However, higher inflation remains a major concern for India. Still, RBI is not looking at inflation and has clearly mentioned its pro-growth stance. Thus, policy rates in India are also likely to remain unchanged in the foreseeable future.Meanwhile, as the dollar continues to weaken against a basket of major currencies, we have seen investments into riskier assets, including commodities in 2020. This is expected to continue next year as well.Click on the attachment for the full list of ICICI Direct’s stock picks for 2021:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

ICICI Direct Says Investments In Riskier Assets To Continue In 2021; Recommends Top Stock Picks

ICICI Direct Says Investments In Riskier Assets To Continue In 2021; Recommends Top Stock Picks

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