Home / Markets / News / Global mkts fully pricing in Fed hike to 5.5%; Indian equities at risk: UBS

Global mkts fully pricing in Fed hike to 5.5%; Indian equities at risk: UBS

India, according to them, is among the more sensitive markets to US rates, and demonstrates the most sensitivity to local rates given higher influence of domestic flows into the market

Premium

UBS headquarters in Zurich. | Photo: Reuters

3 min read Last Updated : Mar 06 2023 | 11:18 PM IST

Indian equity markets appear expensive and face a downside risk if the US Federal Reserve (US Fed) hiked rates to 6 per cent to tame inflation, wrote analysts at UBS in a recent note. Global equity markets at the current levels, UBS said, are fully pricing in three further Fed rate hikes to 5.5 per cent.

ALSO READ: MF inflow in equities crosses Rs 1.5-trn for second straight fiscal

India, according to them, is among the more sensitive markets to US rates, and demonstrates the most sensitivity to local rates given higher influence of domestic flows into the

Topics : UBS India UBS Markets Ahead Indian stock market Market Outlook Market Ahead Equity markets China China economy US Fed monetary policy US Federal Reserve US Fed US Fed rate hike

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in