Knock Knock, Opportunity’s Here

These are unbelievable times. Despite the ongoing public health crisis, which seems to become more severe by the day, India attracted a mind boggling $20 billion of FDI (foreign direct investment) in the past few months. To take advantage of the inexplicable scenario, the government hiked the FDI limit to 74 per cent in defence and invited American firms with open arms in sectors such as healthcare, infrastructure, energy, civil aviation, and insurance. Investors too seem to look ahead, beyond the next few quarters, which may explain the continuous upward march of the stock indices. Gold, as usual, has acquired a new glint as the risk-averse seek the sanity of safety. The changes in the FDI arena may aid equities, as also other segments in the financial sector – mutual funds and general insurance. It looks like an opportune time to make a killing. But possibly, only in the short...