2018 will be a roller-coaster ride, it's time to say Dow-Wow to Sensex

The prediction for 2018 is thus high volatility in prices, a shift to large-cap stocks by all investors seeking safety, and a Sensex range of 30,000-40,000, depending on news flows.

Asian markets found a semblance of calm on Monday as S&P futures extended their bounce, though bond investors were still fretting about the risks from looming US inflation data. The benchmark S&P 500 fell 5.2 percent last week, its biggest decline since January 2016. However, this author believes that while the Indian markets will obviously take their cues from the Dow and S&P in the US, the reality is that the Sensex’s sex appeal is actually higher than that of the Dow.

Don’t shoot the FM. The over six percent fall in the Bombay Stock Exchange Sensex, and the commensurate