Money on the markets

A maturing market amid the mayhem

No solution in sight for bipolar Indian stocks


(Any opinions expressed here are those of the author, and not necessarily those of Thomson Reuters)

As the end of 2012 approaches, investors will likely remember this as a bipolar year for Indian markets.

A look at the Sensex chart for the year captures perfectly the swings in investors’ mood: from an exuberant January all the way to the despair of June to radiant optimism in September.

Calibrations about the economy, interest rates, and the government’s ability to respond to these challenges have undoubtedly been the key themes of the year.