Remain bullish on Indian markets: Jagdish Malkani

In a chat with ET Now, Jagdish Malkani, Member NSE & BSE, shares his views on the markets. Edited Excerpts:

ET Now: Are you bullish enough to enter into selective bets at these levels on the indices?

Jagdish Malkani: Yes. The latest boost of Japan economics was quite out of the blue. Something was expected but not in this form and curiosity. It is completely against the QE withdrawal of the Fed. It is the freedom for the pension funds to invest much more in foreign markets. I am quite sure India would be a big beneficiary of that.

With the new dispensation and Japanese excitement about India it is great for our markets. We are chugging along quite nicely on our own policy front also. If there is some truth to congress going along with three of these key bills insurance, the coal auction story etc, that also boards very well and hopefully even GST.