02:21
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JPMorgan AMC sees huge inflow of foreign money into Indian equities in the coming days, despite headwinds like appreciating dollar and the trickle down impact of weak commodity prices. India will not face the wrath of global liuidity crunch primarily due to the domestic economics (that is on the mend) and a take off in US economy.
The next event is ECB meet where analysts expects Mario Draghi to announce a QE package that will stem the fall of eurozone prices. Most analysts fear that if the size of QE is not sizeable, then eurozone may enter a deflationary spiral from which it would be tough to wriggle out.
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Posted in: Indian Market Tips
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