Quarterly earnings, RBI moves and economic policies are likely to determine Indian market‘s moves going ahead, says Arvind Sanger of Geosphere Capital Management.
Arvind Sanger, Geosphere Capital Management is of the opinion that the Fed will go slow on tapering because the US non-farm payroll was disappointing in terms of showing strong improvement in the labour market.
The only positive factor for the Indian economy has been the good monsoons. But even increased rural demand won‘t be sufficient to carry the entire economy and hence a 5 percent GDP growth looks rather optimistic