Interest rate, inflation, budget, elections are driving the market: Dalton Capital
U R Bhat, Managing Director of Dalton Capital said that the interest rate correction, moderation in inflation, March budget and elections are driving the market. Further he said that news from Europe is not good as $200 billion has to be recycled over the next three months against the background of credit rating downgrade. It will also decide the outlook of FII inflows, he added.
