Bull market correction: Accelerated Fed rate cuts from Sept may see unwinding in EMs, carry trades, says Pankaj Murarka

Pankaj Murarka, CIO of Renaissance Investment Managers, highlighted a potential shift in global markets due to expected US Federal Reserve rate cuts. He suggested market corrections and sectoral rotations might follow. Despite global uncertainties, Murarka expressed optimism about India's market fundamentals and identified long-term opportunities in sectors such as IT, healthcare, and commodities.