JP Morgan has initiated coverage of India’s capital markets sector with a bullish outlook, citing resilient SIP inflows and rising retail financialisation. The brokerage prefers Angel One, CAMS and ICICI AMC, while staying cautious on BSE, KFin, CDSL and MCX despite strong recent stock performance.
JP Morgan has initiated coverage of India’s capital markets sector with a bullish outlook, citing resilient SIP inflows and rising retail financialisation. The brokerage prefers Angel One, CAMS and ICICI AMC, while staying cautious on BSE, KFin, CDSL and MCX despite strong recent stock performance.
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Foreign brokerage giant JP Morgan has initiated coverage of India’s capital markets sector with a bullish outlook, arguing that the country’s fast-growing Systematic Investment Plan (SIP) ecosystem continues to drive long-term wealth creation despite muted equity market returns.The brokerage has named Angel One, Computer Age Management Services (CAMS), and ICICI Prudential Asset Management Company as its top investment picks, citing superior business models, attractive valuations, and favourabl…
