Global equity markets are on a roll with almost all the major global indices trading near multi-year or at all-time highs. In US, Dow Jones is trading close to 17,000 mark while S&P 500 is a breath away from 2000. European indices are trading at multi-year highs, and in Asia, the Indian stock indices have strongly outperformed their peers and are comfortably trading at their peaks.
With news and rumors coming in that global growth is back on track and that the mother market, i.e. the US market, has been witnessing positive developments such as the recovering of all the jobs lost in the 2008 recession and that housing prices are also on the rise, many are now saying that better economic times are sure to come. Eurozone is also warming up fast to fight deflation and revive growth. China may support another stimulus package to boost its economy. India…
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Namta Gupta 