The best of liquidity is behind us, says Nomura's Saion Mukherjee

Saion Mukherjee says the market is already factoring in earnings recovery from the June 2021 quarter

The Indian benchmarks — S&P BSE Sensex and Nifty50 — have been on a dream run for the past few months and have hit record highs. SAION MUKHERJEE, managing director & head of equity research for India at Nomura, tells Puneet Wadhwa in an interview that the market is already factoring in earnings recovery from the June 2021 quarter. These expectations, he believes, are elevated and volatility can increase in the coming months. Edited excerpts:
 
Following the US Fed, can other global central banks now look at winding down the easy money policy given the growth recovery?
 
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