Trendcalls Team have been stating it for a long time that influx of capital will increase towards Emerging countries, As still only 3% of the pension fund money is invested in developing economies, they need to adjust their portfolios towards countries like India. But the question is are we ready for such huge capital inflow, We raised this ? in our previous Domestic write ups & now even RBI is a worried lot & they will intervene in forex markets to hold the stability of the Dollar. The markets are more likely to react on results specially on Reliance as it is bellwether & it has not moved much in last year. The markets will take the result of Reliance positively in our view. But still we maintain our view that markets will remain volatile before taking a clear direction.
Views Given By TrendCalls Team
No comments:
Post a Comment