Miscellaneous
Riding widespread optimism, Indian markets have been scaling fresh record highs as the Sensex hit 60000. Indian markets have been rising in most days of September despite periodic nervousness around China’s Evergrande debt defaults cascading to a global crisis and US Federal Reserve rate tapering decision. However, investors are concerned. Rising inflation risk and withdrawal of ultra-easy monetary policy by global central banks, mainly by the US Federal Reserve, may trigger a sharp rise in bond yields which can cause risk assets to correct sharply. Steep valuation concerns have also been looming large. So, how long will this super rally in Indian markets last? To understand that, Mint's Nasrin Sultana is joined by Vinit Sambre, head-equities, DSP Investment Managers.