00:00India has done well over the last one week compared to the rest of the world and largely
00:04is because some of the framework which is cutting down on multilateralism, going down
00:11into bilateralism, is actually going to help Indian companies to do that business in India
00:17but also abroad, especially given the relationship between the two heads of states, between U.S.
00:23and India.
00:24It's going to be even better going forward and that's where most people expect Indian
00:29markets to do well compared to the rest of the world.
00:31See, currently we are in the process of tremendous uncertainties across the world market but
00:37India has been kind of in calm waters and our policy makers and our leaders have slowly
00:43moved us away from those turbulence into very calm waters over the last few weeks but going
00:50forward also, hopefully we'll do much better than the rest of the world.
00:53Broadly speaking, India has done better than others.
00:57Like yesterday, you would have seen Hong Kong Stock Exchange Index went down by 13%.
01:02Indian markets went down by 3.5% and today it has come back by most of the losses of
01:09yesterday.
01:10So broadly speaking, Indian markets have done better than others and so that's where I think
01:14overall most experts feel that India will do better even in the markets given India's
01:19own growth momentum which is 6.5%, 7% even this year, which is making it the largest
01:25fast-growing economy in the world and it's going to probably take up the mantle of third
01:32largest economy from Germany either this year or next year going forward.
01:36So I think India is going to do well.
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