DAILY VOICE | Rise in US bond yields beyond 2% could force EMs to raise interest rates: Divam Sharma of Green Portfolio
Selected mid and small-cap counters have room to grow disproportionately. We keep looking for companies with lesser debt and growth plans, says Sharma.
Divam Sharma, co-founder of Green Portfolio, feels if the US 10-year bond yields increase beyond 2%, emerging markets like India will have to consider increasing their interest rates, which can have an impact on the current bull run in equity markets.
In an interview to Moneycontrol’s Kshitij Anand, Sharma expects that the loose global liquidity situation is likely to continue for at least next 2-3 financial years and will trigger further highs for markets in the coming years, he added.