Weakness in rupee will constrain capital flows into India: Sanjay Singh

Volatility in the rupee and in the bond markets have added to investor concerns, says Sanjay Singh

Weakness in the rupee, surging bond yields in America and the US Federal Reserve's interest rate hike forecasts will constrain capital flows into India, says Sanjay Singh, head of global markets at the Indian arm of BNP Paribas, the French international banking group. Political uncertainty is also weighing on investor sentiment, says Singh. 

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What are the key concerns for the market at this point?

Spiraling crude oil prices, issues in the banking sector, the pace of policy reform and the coming state elections. The increase in oil prices is one major concern, with a section of the market