Goldman Sachs sees Nifty holding its own even if China stocks rebound

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Key Points

Chinese stock market recovery is unlikely to lead to a massive fund outflow from India, according to Goldman Sachs Asia Pacific equity strategist, Sunil Koul..

While India has been a key beneficiary of global investors' preference for Indian equities, there is concern that the recovery in China could hurt Indian stocks..

Thats the view from Sunil Koul, Goldman Sachs Group Inc.s Asia Pacific equity strategist, who says the Indian markets solid fundamentals will continue to lure long-term investors..

With the Nifty gauge up almost 8% this quarter, there has been some concern that a sharp rebound in China where valuations have become too cheap to ignore for some money managers could hurt Indian stocks..

Touting Indias strong historical track record, favorable demographics and a runway for strong economic growth, a team of analysts led by Koul said in a note earlier this month that they expect Indian equities to be a major source of potential alpha generation for investors in the years to come...

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