Home Capital Investing strategies

Tapering talk, higher energy prices take its toll on Indian market

Tantallon Fund
Tantallon Fund10/14/2021 11:24 AM GMT+08  • 6 min read
Tapering talk, higher energy prices take its toll on Indian market
The Tantallon India Fund closed 0.71% lower in September amid significant global market volatility.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

The Tantallon India Fund closed 0.71% lower in September amid significant global market volatility triggered by a spike in US bond yields with the Fed’s messaging on tapering, a spike in energy prices and the Evergrande liquidity crisis.

These issues exacerbated worries over supply chain disruptions, higher input commodity prices, and the likelihood of a structural slowdown in China given its ageing population, the regulatory crackdown on private enterprise, and the implications of global supply chains relocating away from the country.

In India, we are most concerned about energy prices remaining at elevated levels, the attendant drag on the current and fiscal accounts, and, crucially, the constraints imposed on the Reserve Bank of India by stubbornly high inflationary expectations. High oil prices also hurt.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.