The first reaction of global investors when they hear tapering and decline in liquidity, is a pullback from emerging markets and that is what happened over the last few weeks said Andrew Economos, Head-Sovereign & Institutional Strategy, JPMorgan AMC
The IT sector does not have a very smooth run ahead, feels Sanju Verma, MD & CEO, Violet Arch Capital Advisors. She also believes the market overtly reacted to the Fed talks on QE pullback.