Geopolitical risks, Lok Sabha polls to keep markets edgy in 2019: Experts

Global growth is likely to slow next year as rising protectionism impedes trade growth and no one is quite sure which way the tariff war between China and the US is headed

Despite a bumpy ride, the Indian stock market held up rather well in 2018, compared to some of its global peers that slipped into bear territory. However, experts caution that the road ahead may not be smooth. 

The immediate trigger for volatility: the upcoming national elections, and the noise surrounding it. Sharp swings are likely if the final outcome veers too far off Street expectations. That said, there has been no visible change in market direction at the time of the last six general elections, say market observers, and this time may be no different.

Monetary tightening by central banks