Samvat 2074 ends on rocky note as resurgent market runs into rough weather

Monetary tightening by central banks, global trade tensions and worries surrounding slowdown in world economic growth led by China are some of external factors that could keep markets on tenterhooks

Barring the last two months, most part of Samvat 2074 has been rewarding for stock market investors. In the first 10 months of the Hindu calendar year, the benchmark indices gained 15 per cent and climbed to all-time highs helped by strong inflows in mutual funds (MFs) by domestic investors. The sell-off in September and October, triggered by a mix of global and domestic concerns, saw the S&P BSE Sensex and the Nifty50 wipe out the entire gains made during the year.
 
As the markets usher into Samvat 2075, most of the concerns continue to linger. Monetary tightening by