Waiting for a Festive Mood to Boost the Markets
Ninad RamdasiCategories: Editorial, Flash News Investment App
The Indian equity market remains a beacon of hope amidst gloom in the global markets given that Europe is seen as a bad bet and the US may only make a comeback next quarter while China is gripped by a ‘zero virus’ policy. Meanwhile, a relentless drop in China’s stocks has boosted the appeal of their biggest emerging market rival India, spurring a divergence that’s rarely been seen before.
The Indian equity market remains a beacon of hope amidst gloom in the global markets given that Europe is seen as a bad bet and the US may only make a comeback next quarter while China is gripped by a ‘zero virus’ policy. Meanwhile, a relentless drop in China’s stocks has boosted the appeal of their biggest emerging market rival India, spurring a divergence that’s rarely been seen before.
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