ETMarkets Smart Talk: Global funds looking to increase allocations & new funds looking to enter India: Unmesh Kulkarni
"Is the worst behind us? Well, that’s a bit early to judge currently, as the global tightening and rate hikes could very well lead to a slowdown in growth in the second half of the year, which could in turn affect market sentiment. And Indian equity markets will be broadly guided, directionally, by the global market trends. But at this point, markets are aware of most of the risks, and are slowly preparing for the additional rate hikes and the ensuing impact on growth."