dr gs sood
THE market is likely to witness heightened volatility in the short to medium term amidst global uncertainty and pending domestic issues. The postponement of the Federal Reserve decision to hike rates has not done anything good to the world markets, including India. Moreover, the forecasts of most analysts about government policy and corporate earnings have been way off the mark. For instance, implementation of GST is likely to miss the April 2016 deadline. Corporate earnings for the April-June quarter remained subdued, and are likely to remain so for another couple of quarters, with the capex cycle not likely to pick up anytime soon.