Monthly FTM Update - Aug-Sep, 2016
With Fed holding rate increase in the USA, global liquidity will continue to chase stock markets in the Emerging Markets. As a result Indian stock markets may continue its upward journey for the time being.
However, fundamental on the ground data continues to be mediocre. One of the matters of concern with the macros is the contraction of IIP data which is mainly because of decline in manufacturing & capital …Continue reading »