With key events such as developments in the European Union (Brexit), policy initiatives by Donald Trump after he assumes office as the US President, monetary policy framework of global central banks, outcome of Assembly elections back home and the demonetisation impact on corporate earnings, progress on implementation of the goods and services tax (GST) bill, calendar year 2017 promises to be an eventful year for equity investors. INDIA STOCK MARKET 2016 REPORT I am offering the same advice which J.P. Morgan gave to the young man who approached him with the question “Where do you think the stock market will go?”. Mr. Morgan took a pause and placed his hands on the young man’s shoulder and said “It will Fluctuate”. Well the stock market did fluctuate in 2017. It will in 2018 - Yes. 2019, 2020, 2021, 2022 - Yes. Eternity - Yes. Well, this dampener of an answer is not to discourage people from asking. It is to intrigue the seeker to ask better questions. We h...
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