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US politics will decide direction of the world markets: Shiv Gupta

Investors from abroad are acknowledging India's shift towards structural reforms and macro prudence

shiv gupta
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Shiv Gupta, founder and chief executive officer, Sanctum Wealth Management

Ashley Coutinho New Delhi
Investors from abroad are acknowledging India’s shift towards structural reforms and macro prudence, says SHIV GUPTA, founder and chief executive officer, Sanctum Wealth Management. In an interview with Ashley Coutinho, he says emerging markets' valuations are not extreme and the demography-driven structural opportunities in countries like India, Indonesia and the Philippines remain attractive. Edited excerpts:

The market has rallied 17 per cent in the past year, despite events such as Brexit, Donald Trump’s surprise win and demonetisation. Is there a correction round the corner? What are the global cues to watch out for in 2017?

The Indian market has taken these