India is expected to outperform emerging markets in the whole of 2016 according to a survey conducted by Morgan Stanley but however, there is a growing dilemma among investors regarding the country compared to last year.
- However, in the survey, 52% respondents said that they expected the country to outperform other emerging markets this year, while 85% gave the same response last year.
- The world in this year will continue to have a sluggish growth and the current health of global economy has prompted a risk which thereby has resulted in reluctance among global investors who had withdrawn money from riskier assets including India and have moved to much safer gold and developed world bonds.
- But from the survey of Stanley Morgan it is known that a majority of investors from around the world still believes Indian economy to shine bright despite the present global financial bubble. The Sensex has increased b 10% after the Union Budget was presented on 29th of February.
- Foreign investors have driven in around Rs. 13,000 crore into Indian equities after making a withdrawal of Rs. 26,200 crore in the first two months of 2016 and market earnings have been hailed as a key driver of market performance for the third time in a row.
(Source: TOI)