23.03.2011 - Emerging markets to grow once commodity pressures cool down: BoA ML
Indian market has shown a greater level of resilience and steady performance despite facing issues like aggressive oil rates and inflation creating a volatile environment for the indices. In fact, crude prices have been ruling the movements of all emerging markets and in the view of analysts; it is going to be difficult to nail down crude completely. Jyotivardhan Jaipuria, head of research at the Bank of America Merrill Lynch, said that emerging markets like India will start performing once commodities like crude start cooling off..............................................Full Article: Source
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