Whichever way you look at it, these are uncertain times for the markets. Any investor, institutional or otherwise, will have to weigh multiple factors before putting money into different asset classes, many of which would be impacted by both global and local concerns. Investing amid such choppy waters is, therefore, not for the weak-hearted. With the Chinese economy battling problems and its tremors being felt across the world economy, oil prices hitting new lows and emerging markets growth expected to remain moderate, taking an investment outlook isn’t going to be easy. From an Indian perspective, however, the expert view seems to be about India’s cyclical upturn continuing in 2016, mainly, as Goldman Sachs puts it, driven by domestic demand. Technology, Education and Ease of doing business (TEE), the investment bank says, can boost potential growth to 8 percent from FY17-FY20. And Credit Suisse adds: “India’s macroeconomic indicators continue to look attractive, and it remains the economy with the fastest nominal GDP growth, and the second best earnings growth. However, continuing global weakness could be a drag/overhang…”
(This story appears in the 05 February, 2016 issue of Forbes India. To visit our Archives, click here.)