Moody's rating upgrade will help push FII flows: Arun Thukral

Interview with MD & CEO at Axis Securities

Ratings upgrade is a welcome move as it will bring down the cost of overseas borrowings for Indian corporates, especially the ones with high-cost domestic debt on their books, ARUN THUKRAL, managing director and chief executive officer at Axis Securities tells Puneet Wadhwa. He also shares his market outlook for the next year and the sector preferences in this backdrop. Edited excerpts:

What is your reading and the likely impact of the recent India rating upgrade by Moody's?

Moody’s India ratings upgrade is an acknowledgment of the economic and structural reforms undertaken over past few of years. It concedes that reforms have