Good chance that foreign money returns around Diwali: Rahul Arora

The biggest silver lining is that the markets always climb the wall of worry and find ways to make new highs, said Arora

It has been a few tumultuous months for global financial markets as they come to terms with central banks’ action to tame galloping inflation. Still, RAHUL ARORA, chief executive officer for institutional equities at Nirmal Bang, is hopeful and tells Puneet Wadhwa in an interview that the markets always manage to climb the wall of worry and find ways to make new highs. Edited excerpts:

Have the financial markets fully factored in the likely global central banks’ action over the next few months?

To a large extent global central banks’ movements have been priced in to a reasonable extent and that is