Market sentiment

Corporate India is expected to do well

India is expected to grow at a faster pace than the rest of the world does in 2023, but this piece of good news is tempered by fears that the global economy isn’t in good shape. Inflation is high and most central banks, including the Reserve Bank of India, are increasing policy rates and tightening liquidity. There are major supply-chain worries across fossil fuels, industrial metals, and even food due to the Ukraine war. China is struggling to contain a resurgence of Covid, and this may dampen global economic activity. The Ukraine war may also trigger further geopolitical tensions. All