Adani crisis “increased investor confidence in India’s financial system”

India’s financial system recently came into global focus with the Adani crisis. Initially, after the allegations became public, foreign investors shun away from Indian stocks. However, India passed this stress test on its financial market with “flying colours”, says Peeyush Mittal, Portfolio Manager at Matthews Asia. We talked to him about the Indian equity market, the impact the global economic slowdown and a US recession could have on the market as well as key sectors investors should keep an eye on in 2023.