The coming fiscal year has many developments to watch out for, making predictions difficult. The highlight for 2018 was domestic institutional investors (DIIs) investing a net Rs1.1 trillion in equities, setting a record. However, uncertainty and volatility in the March quarter when the Sensex dropped 3.2%—the most since quarter ended December 2016—could rule for a while. “In the near term, we expect the market volatility to continue,” Manishi Raychaudhuri, Asia Pacific equity strategist, BNP Paribas said in an e-mail interview on Friday. “We can’t rule out a 3-5% correction in near term.

Source: Mint March 29, 2018 00:08 UTC