Despite volatility, don’t expect a very sharp correction in market: Jitendra Arora

Despite volatility, don’t expect a very sharp correction in market: Jitendra Arora https://ift.tt/Kgezlxr are a few forces which are driving the market as of now. The first one being obviously the market's understanding of how much central banks are likely to raise in terms of rates both locally as well as globally. We started the year assuming that the Fed is perhaps very close to their rate hikes and there will be another 25 bps more to go.