Rains not the only worry for markets
This year, the risk of El Niño conditions loom. In this backdrop, how the monsoon pans out will be closely watched.
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This year, the risk of El Niño conditions loom. In this backdrop, how the monsoon pans out will be closely watched.
The third year of a decade has always produced positive returns for benchmark indices with a median of 18 per cent return. In 2013, Nifty delivered a 9% return; in 2003, it delivered a 73%; 1993 return stood at 23%
'The forthcoming Budget is not one where one can expect any high-level radical changes in terms of new schemes and reforms. But, the effort of the government will be to continue to do the basic things right and to keep inflationary pressure low,' says a FinMin official