A Balasubramanian, CEO, Birla SunLife AMC says, market stability will boost the confidence of distribution community which in turn will improve retail participation.
Bond yields, which shot up after Reserve Bank of India announced series of measures on Tuesday to curtail liquidity in the economy are seen coming back to normalcy in around one and half months.
Depreciation in rupee and recovery in key markets like US and Europe are seen benefiting IT stocks going ahead, however H1B visa issue will continue to be the key challenge, says Birla SunLife AMC