Even US equities are now back to end-2014 levels.
Most expect the Budget to be path-breaking.
Expectations were probably too high from Narendra Modi.
The Chinese economy is not collapsing, it is shifting to different growth drivers which the old metrics used to judge China do not pick up.
Money is being released and the government knows it will have to front-run private investment.
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Given the 18-day government shutdown in the US and the likelihood for continued wrangling between the Democrats and the Republicans, it now looks like tapering may be off the table till the first quarter of 2014.
Most analysts had predicted a decline in real estate fixed asset investment.
If the economy gains momentum, that is a big positive for markets, given the strong macro of low inflation, falling rates, and a stable rupee, says Akash Prakash.
Emissions would still keep rising till 2030, and the path towards global warming would improve to 2.7c.
Its time the RBI, govt pushes reforms to boost global investment
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The catalyst is the run on emerging market equities, but many investors are just tired of waiting for India to get its act together.
The Indian government and RBI must keep foreign equity investors happy and avoid crushing growth expectations, notes Akash Prakash.
Money will flow to Europe, Japan - and the emerging markets, including India.
Finance minister Arun Jaitley has delivered a Arun Jaitley delivered a bold, far sighted budget
Most expect these bubbles to break in short order and cause serious financial pain to anyone who's foolhardy enough to remain invested in financial assets.
History would indicate that a recession is not that far off.
A stable dollar will at minimum reduce incremental cross-currency pain for Indian cos.
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