State intervention can arrest the slide sentiment for sometime but not for all time. That is why Shanghai is in a free fall.
Indian markets has to fall in line with emerging market fears and bravado unbacked by real economics does not help a stock market. Against the backdrop of impending rate hike by the FedReserve, emerging markets have to see a flight to quality.
Both India and China need to have structural reforms if it is to stem the tide. Its regulators do not seem to inspire confidence. Its markets seem heavy with money tending to escape. It is not global cues alone, it is inconsistencies at home which are proving treacherous to equity holders.
USA & JPY seem good, given the day.
This Blog recommends or offers no investment advice. All expressions ov view are without risk or responsibility.
Indian markets has to fall in line with emerging market fears and bravado unbacked by real economics does not help a stock market. Against the backdrop of impending rate hike by the FedReserve, emerging markets have to see a flight to quality.
Both India and China need to have structural reforms if it is to stem the tide. Its regulators do not seem to inspire confidence. Its markets seem heavy with money tending to escape. It is not global cues alone, it is inconsistencies at home which are proving treacherous to equity holders.
USA & JPY seem good, given the day.
This Blog recommends or offers no investment advice. All expressions ov view are without risk or responsibility.
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