At present economic scenario Indian Stock Market is potentially stand out in global market.There are major downfall in this year 2013. Despite of that, and the consecutive high excitement through the year, the stock markets ended the year with gains. The BSE Sensex rose nearly 9% in 2013 from the previous year.
Few most dominated factors of the Indian markets in the year gone by and would continue to influence in 2014:
1. Markets fell in globally, while the US Economic unaffected and US dollar gained value against a basket of currencies. Potential markets like India were hit badly. Later, it was expected that the taper would begin only in 2014.
2. India's high fiscal deficit (CAD)(which equals the borrowing done by the government to meet expenditure) keeps interest rates high which create problems in some for commodities. The current account deficit or CAD puts pressure on the rupee.
3. Low productivity and manufacturing, lack of investments, high inflation and fall in demand continues to hurt India's economy.Analysts of market across the board cut estimates in May 2013 of India's GDP growth in FY14 to around 5 per cent from 6-6.5 per cent earlier.
4. The Indian rupee weakened on Thursday, posting its biggest single-day decline in more than two weeks, after shares fell over 1 percent while dollar demand from importers, particularly oil companies, was strong.
5.India's current account deficit rose nearly ten-fold in the five years between 2007 and 2012. Oil and gold imports contributed largely to this.
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