Government policies, inflation and weak earnings seem to be talking a toll on Indian equities. Undermining sentiment further are high commodity prices and sluggishness in developed economies. Given these conditions, near term outlook on the market remains cautious to negative.
In an interview to CNBC-TV18, Rahul Chadha of Mirae Asset Management said that India will continue to underperform in near-term. According to him, India will need much larger policy push to economy at this point.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
