December 11, 2017

India May Not Share The Good Fortunes Of Emerging Markets

Emerging markets are expected to return close to 100 percent over the next two years, according to Bofa-ML strategist Ajay Kapur. However, unlike the broader emerging markets, returns on equity in for MSCI India have been on a declining trend, the strategy note added. But the rise in emerging markets is likely to have a “positive rub-off” on India, it added.

BofA Merrill Lynch said that Indian equities benefitted from the global asset inflation and the “global fortunes” will have a large impact on prices in the country in 2018.


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