FY19 likely to be a volatile year for Indian equities, believe experts

Last fiscal saw a good run in markets till January, but increasing troubles in India and abroad hereafter are now weighing on sentiment

Indian equities were on a roll for the most of 2017-18 aided by strong domestic liquidity and favourable macroeconomic conditions. In fact, the ride till January this year was so smooth that the market did not witness a single correction in excess of 5 per cent. The rally, however, has been derailed since February, and experts believe 2018-19 will be a volatile year.
 
The sharp rise in global bond yields was a key factor that contributed to the recent volatility. Yields on India’s 10-year government securities also touched a four-year high in February on fears of high domestic inflation