According to Raamdeo Agrawal of Motilal Oswal, Indian equities may yield a promising fifteen percent annual return over the upcoming five years. However, foreign investors are currently drawn to more dynamic markets like South Korea and the US, deterred by India’s capital gains tax and currency instability.
Global Market Today: Asian shares mixed, dollar dips as Fed hike bets ease
The dollar experienced a decline following disappointing US economic indicators, leading to less anticipation for interest rate hikes. Treasury yields dropped universally as retail sales