Embrace Volatility In New Year
A cocktail of buoyant GDP growth, benign inflation and business-more-than-usual have created a feel-good factor in 2023 — now brace for volatility in the New Year.
A cocktail of buoyant GDP growth, benign inflation and business-more-than-usual have created a feel-good factor in 2023 — now brace for volatility in the New Year.
Following Saturday’s 987.96-point fall, the S&P BSE Sensex closing at 39,872.31, just 136.78 points higher, on Monday shows that the markets are still unhappy with the Budget.
Nevertheless, market participants still need to negotiate volatility, says the report.
While equity markets continue to boom, economists warn about likely ‘subject-to’ consequences of the corporate tax cuts announced last Friday.