Market outlook 2022: Brokerages remain upbeat; see Sensex at new high

Inflation, winding down of stimulus from major central banks such as the US Fed and the ECB, developments in China and the impact of the new Covid variants, if any, are some of the key risks

Despite the stellar run in 2021 that saw most global equity markets record healthy gains, brokerages remain bullish on equities for 2022. Though they rule out the easy money making phase that was backed by liquidity from most central banks, they believe the returns from the market in 2022 will track growth in corporate earnings.

Inflation, winding down of stimulus from major central banks such as the US Federal Reserve (US Fed) and the European Central Bank (ECB), developments in China and the impact of the new Covid variants, if any, are some of the key risks that are likely