Indian stock markets hope for interest rate cuts, more reforms in 2013
The bellwether bluechip index Sensex has gained about 25 per cent so far this year. The total foreign fund inflow for 2012 stands at over USD 23 billion.
The biggest reform the government should unleash in 2013 is on the fiscal deficit front, analysts said.
"Globally, the biggest risk stems from the US fiscal cliff uncertainty. Some sort of a compromise is expected before the end of 2012. However, as of now there is no clarity," Khattar said.
Further, economic indicators need to show improvement on a consistent basis to boost investor confidence in the European markets, experts said.
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