A Goldman Sachs investment research report says that emerging markets will see more volatility in 2014, The Hindu Businessline Reported. Tushar Poddar, India Chief Economist, Goldman Sachs, told HBS that while markets will be looking for earnings growth, much of the investor risk appetite will depend on the fundamentals of the economy.
According to the report, Goldman Sachs expects the Indian economy to grow 4.3 per cent this fiscal and 5.5 per cent in 2014-15. It says, “The upcoming Parliamentary elections in early 2014 are a major area of uncertainty, with potentially large impact on policy reforms and investor/corporate sentiment in either a positive or negative direction.”
Read the complete report here