Global markets witnessed a mega correction this week due to multiple factors.
The Indian markets held up reasonably well durig the week. Global investors have not yet abandoned India in the way they have fled other emerging markets. However, volatility will continue to remain high in the near future
The global markets are likely to remain under pressure . The concerns of global investors are unlikely to go away anytime soon. Indian markets too will continue to experience the outcome of this global turmoil.
However, long term investors need not be too worried Times like these can be taken as opportunity to enter good quality stocks at reasonable valuations.
India remains a bright spot and ranks highest among the favoured destination amongst Asian markets (excluding Japan) for global investors, despite persistent fears about a recession in China and a possible debt crisis in Emerging Markets nd trumoil in Global Markets.