While the year 2017 turned out to be a rewarding one for Indian markets, the New Year 2018 will keep investors on the edge of their seats as they take cues from a number of events lined up. While higher oil prices and a widening fiscal deficit could be making them nervous, a political stability with recent election victories of the Bharatiya Janata Party (BJP), in power at the Centre, and signs of an earnings revival would lend them some confidence.
The S&P BSE Sensex and the Nifty50 ended 2017 near their respective record high levels, gaining 30% each.
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