Expert view, June 9 -- Jimeet Modi, founder and CEO of SAMCO Group, is positive about the Indian stock market due to economic growth and better-than-expected quarterly results. In an interview with Mint, Modi said the indigenisation process and liquidity measures undertaken by the regulators will bode well for the defence and financial sectors. Here are edited excerpts of the interview:

The Indian stock market has been experiencing strength recently, backed by positive economic growth and better-than-expected fourth-quarter results.

We could see a positive structure for the indices playing out, considering the liquidity in the capital markets continues to be fairly buoyant and the continuation of steady growth in the Indian economy.

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