New Delhi, Jan 14: The year 2017 may have gone as the golden period for Indian stock market, in sync with the major economies of the world, global headwinds like tightening of monetary stance by major central banks and increasing crude oil prices , coupled with domestic concerns like firming inflation could halt the underlying bull run in 2018 and bring in lot more volatility going forward, an ASSOCHAM Paper has indicated.
Correction in the global indices due to any or all of the factors such as- the central banks tightening globally, balance-sheet reduction of the US Fed, pressure on crude oil prices and geo-political risks , among other factors, may impact overbought position in India , China and other Emerging Markets in 2018,” the paper noted.
So, the current year may be contrary to 2017. India’s change in yield in US dollar terms was at 36.8 per cent comparative to China that registered at 51.1 per cent. A combination of primary market growth and overall macro economic situation made India and China attractive
UNI
