“The largest emerging market which is China, is having a very poor year. And so out with China, we have seen a little bit of strength in some of the largecap tech stocks in Taiwan and Korea. India has proved to be a bit more resilient. But it is not a strong environment for emerging markets and because China is doing poorly, when I speak to emerging market fund managers, they are trying hard not to have redemptions.”
Dalal Street Week Ahead: Sideways consolidation likely to persist amid global trade uncertainty
The Nifty experienced a week of range-bound trading, closing slightly lower with a 0.53% loss. Facing resistance near the upper edge of a rising channel,