Any hike in global interest rates to impact India, other EMs: Rakesh Tarway

Interview with Head of Research at Reliance Securities

The benchmark indices have potential to gain over 4-5% by the year-end, tells RAKESH TARWAY, Head of Research, Reliance Securities in an interview with Aprajita Sharma. However, any let-up in earnings, rate hike by US Federal Reserve and continued stand-off with China pose a threat to markets, he adds. Edited excerpts:

Nifty has hit 10,000-mark. If an investor wants to make a fresh bet, do you think this market still holds low-hanging fruits?

We have been following a bottom-up strategy since long before Nifty added fifth digit. We have advised our clients to be stock-specific. Most of the market constituents seem to