This scenario is not priced in the markets and will be a big scare for risk assets, especially in EMs, which have been a beneficiary of global liquidity,” says Arvind Chari, chief investment advisor, Quantum Advisors Further, this gradual pullback in liquidity and easy money flow into EM equities will likely slow down their performance in 2022.
On the global front, FII flows and news flow around the Omicron variant will be the key drivers for the markets this week, while domestically, initial public offers, new listings of Shriram Properties, MapmyIndia, Metro Brands, MedPlus Health and Data Patterns will guide the trajectory.
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