Friday 8 July 2016

India an outperformer among emerging markets -:- Equity Research


Speaking to CNBC-TV18 Tim Condon of ING Financial Markets said that the US non-farm payroll data might come in at about 170,000. He also added that anything less than the 180,000 will be considered negative by the market. He doesn't expect the US Fed to hike rates anytime soon. The world is largely becoming a place where a zero interest rate situation is not far off. He is positive about the markets doing well. "As long as we are in this steady world of low growth, but steady growth, very low risk-free rates, we will see base effect supporting growth rates." India, he thinks, will be an oupterfomer among emerging markets. India isn't depended on exports as some of the other markets are, he said.

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