Sectoral Equity Indices & Market Analysis
Key concerns to watch out ....
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Global factors
Ongoing conflict between Russia and Ukraine may have adverse impact on global trade and economic growth
Rise in volatility in commodity prices (especially Energy prices) could put pressure on the global financial markets
Sharp volatility in the US Bond yields may lead to rise in risk off sentiments
Sharp appreciation in US dollar index, which may lead to FPI outflow from EMS
Acceleration in the pace of unwinding of liquidity at global level
Rising trend of protectionism across economies could pose a risk to overall global growth
Rise in global food prices may lead to further rise in food inflation.
Domestic factors
Higher crude oil prices could put pressure on India's current account balance
If Rupee depreciates disorderly, then it may impact India's twin deficit
High Inflationary pressure may push the RBI to act faster on interest rates.
Any delay in implementation of key reforms may delay the structural recovery in growth
Any negative credit rating action by global rating agencies could impact interest rates and currency.
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HDFC BANK RESEARCH
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HDFC BANK
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