Global Economy, Markets & Sector
Foundation for emerging markets' outperformance laid Manishi Raychaudhuri , MD, Asian Equity Strategist, HoR, BNP Paribas 16 th June, 2016 | Source: CNBC-TV18, AxisDirect On Brexit & current market scenario : I wouldn’t directly comment on Brexit but in general you would notice that in this period over last week and over the next coming one or two weeks there are quite a few of these highly volatility inducing events that have come together. These periods are always a bit of an uncertain period for equity market. As we know equity market hate uncertainty so once these hurdles are behind us then I think clearer picture would begin to emerge. There are several sectors which are potentially at earnings inflection points where after almost about one and a half to two years of earnings decline they are gradually beginning to recover over last two to three months. I would think that once this period of uncertainty is behind us then again investors would begin to lo