Monthly FTM Update - May, 2016
‘Acche din’ for Indian markets seems to be around the corner. Market sentiment is bound to improve with expectations of a normal monsoon, revival in economic growth, rate cuts and the passing of the GST Bill in FY17. Global brokerages are becoming bullish about Indian markets. Citi and HSBC have upgraded India's rating and Sensex targets. Global financial major Morgan Stanley expects the Indian equity market to outperform the global …
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