29 October 2022
Talk Back
Market Outlook
The strong performance of the Indian market vis-a-vis some of its major global counterparts provides confidence and assurance to both domestic and foreign investors. Light the Right Equity Lamp highlights the Indian market’s resilience and grit in the face of economic turbulence in the West. The Russia-Ukraine war has consumed much of the West’s time and efforts in defusing that tension than solving the looming economic disaster in its own backyard, unleashed by rising inflation, the fear of a possible energy crisis in Europe, and supply-chain woes. India, however, has managed to sail through the storm quite impressively, at least for now. The article talked about the growing optimism in the market, backed by some solid investing data on domestic and foreign institutional investors. It is true that India’s better GDP growth forecast versus other major...