After a prolonged to-and-fro, global equity markets are finally past Brexit. Analysts say, even though the agreement is yet to be ratified by their respective parliaments, the move averts a no-deal scenario, so it is sentimentally positive for the stock markets. Global equity markets are drunken on liquidity, which has been a key trigger for the market's up move. Market experts see the weakness in the greenback continuing in 2021, which would work in favour of emerging markets. In that scenario, significant buying or selling by FPIs would be key for the markets, analysts added.
Source: Mint December 27, 2020 09:00 UTC