In an exclusive interview to CNBC-TV18, Jerome Booth, Chairman, New Sparta Group shares his views on the impending Fed rate hike and the impact the BJP's defeat in Bihar polls will have on investment decisions.
Janet Yellen also said she and the committee expect the economy to grow "at a pace that's sufficient to generate further improvement in the labor market, and to return inflation to our 2 percent target."
Krishna Kumar Karwa of Emkay Global Financial Services says from now to year-end, the market will be focussing on a few important events such as the US Federal Reserve rate hike and the government's reforms push
Ian Hui Global Market Strategist JP Morgan Asset Management does not expect any major policy decisions from most of the Central Banks across the globe.
According to Nandan Chakraborty, MD-Institutional Equity Research, Axis Capital Fed rate hike is symptomatic of the world doing well but it is unlikely that the Fed will hike rates because the US economy is still weak.
Watch the interview of Paul Schatz President, Heritage Capital LLC with Surabhi Upadhyay on CNBC-TV18, in which he shared his reading and outlook on US equity market and Fed rate hike expectations.
Taking a contrarian view, Andrew Holland, CEO, Ambit Investment Advisors, says he expects the Nifty to trade closer to 10,000 by the yearend and that the Federal Reserve's decision to not hike interest rates will not result in uncertainty.
Interest rates in the US have been close to zero since the financial crisis. If the Fed hikes rates, it could be the first in a string of similar small increases.
The reason why Yellen will probably take the plunge this time is simple: having threatened to raise rates for more than a year after ending quantitative easing, the Fed‘s credibility will be at stake if she again waffles.
In an interview to CNBC-TV18, Teresa Barger of Cartica Capital shares her views on the global markets and how the US Federal Reserve's rate hike may impact emerging markets (EMs).
Jan Lambregts, Global Head Of Financial Markets Research, Rabobank advises investors to stay away from investing into the Indian equity market for the time-being.
Paul Schatz President & CIO Heritage Capital strongly believes there is yet no case for the Fed to hike rates because global growth is still weak, Europe is teetering on recession and deflation, and Asia too is weak.
Manish Singh, Crossbridge Capital expects US Fed to hike rates in September.
India with its strong BoP situation, healthy Forex Reserves, soft energy prices and a stable government at center is well placed for such a headwind.
Noriko Kuroki of JP Morgan Asset Management is betting big on China-H shares and technology companies in Taiwan, but also expects the prolonged dismal earnings season in India to revive in H2FY16.
Lalit Nambiar, Executive Vice President, Head of Research, Fund Manager at UTI Mutual Fund remains skeptical of a rebound in corporate earnings. Speaking to CNBC-TV18, he said the earnings will be flat for the next few quarters.
Joseph Lupton, MD & Senior Global Economist, JP Morgan does not expect Greece to exit Europe since majority of Greeks too want to stay in Europe.
R Sreesankar, Head - Institutional Equities of Prabhudas Lilladher advices buying on every dip in the market.