Tapering of stimulus by Fed to bring cheer to Indian markets: Macquarie
In conversation with NDTV Profit, Rakesh Arora, managing director and head of research at Macquarie, says that tapering of stimulus by the Federal Reserve will lead to a cheer for the Indian markets but at the same time it is important to keep a note that the country still continues to struggle with its high current account and trade deficits.
