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'Markets Should Gain In 2018, Albeit At A Slower Pace'
Outlook Money
|January 2018
Wondering which way markets are headed in 2018? Look no further. True to his style, Rakesh Jhunjhunwala gives straightforward answers to Malini Bhupta’s rapid-fire questions
How is 2018 expected to be for the markets?
The world markets are on fire, and so is the market in India. The Indian economy is undoubtedly on an upturn, and further improvements are expected in 2018. The market has made stellar gains in 2017 and valuations are not cheap. Subject to unknowns, I see no reason why the markets should not gain in 2018, albeit at a slower pace.
What are the factors that will drive markets in the New Year?
US interest rates, actions of central bankers of the OECD, monsoons, resolution of bank NPAs, inflation, fiscal consolidation, state elections, local interest rates, and the flow of money—domestic and foreign, amongst others.
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