Steep rate hikes in the US and a slowdown in growth has increased the risk of the world’s largest economy entering into a recession. This does not bode well for India as, historically, domestic equities have entered into a bear market when the US slips into recession.
Valuations turn attractive as markets look beyond uncertainty: A Balasubramanian
Amidst geopolitical uncertainty, market expert A Balasubramanian suggests the worst may be nearing an end, with improving macro signals and reasonable valuations in Indian equities.