For Indian markets, the government’s choice of timing for its demonetization move couldn’t have been worse. According to the fund manager, investors in Indian markets haven’t fully appreciated the impact of the demonetization process. But overall, investors in Indian markets seem to be fairly sanguine about the impact of the demonetization process. Markets will likely focus first on economic policy uncertainty, rising geopolitical risk premia and threats from Trump tariffs to global trade. “After the Brexit vote, markets fell sharply, but recovered after a few days.

Source: Mint November 09, 2016 19:11 UTC