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The benchmark indices settled year 2017 near record highs, gaining nearly 29%. The BSE small- and mid-cap indices also soared up to 60%. While the markets are expected to carry forward their bullish momentum into 2018, there are concerns about the revival in corporate earnings in the backdrop of overstretched valuations.
A new year changes the calendar but it need not change the way the markets are behaving.
So don’t expect major changes as we cross into the New Year 2018. There are many things that will remain the same…for the better.
The trend of rising per capita income should
