businessUpdated: Jan 01, 2021, 06:00 ISTThe year 2021 is expected to be a better year for markets with likely strong recovery in both economy and earnings compared to a covid-impacted 2020, according to analysts. This is Indian markets best yearly performance since 2017 when benchmarks surged 28%. Other global markets such as Nasdaq soared 43.44% and Dow Jones jumped 6.56%. Abundant global liquidity chased equities across countries with emerging markets being the key beneficiary in this year. As Indian markets are perceived to be in bull market, analysts feel steep valuations of markets could be risky.

Source: Hindustan Times January 01, 2021 00:30 UTC