Samvat 2073: Market stays resilient amid multiple disruptions

Going ahead, analysts caution that the pace of local flows will depend on how the economy and corporate earnings shape up

As the market draws curtains to an eventful Samvat 2073 at an all-time high, the new one is likely to take it further into uncharted territory.

From the demonetisation drive that sought to curb the menace of black money in the economy to implementation of goods and services tax (GST) bill and a possible delay in the earnings of India Inc, the markets have taken the developments in their stride. At the global level, the surprise victory of Donald Trump in the US presidential election, geopolitical tensions and monetary policies of global central banks impacted sentiment. Yet, the Indian markets