2018 has been a disappointing and highly volatile year for equity investors.

In dollar terms, the Indian markets managed to climb back to 2008 levels only in January this year. The subsequent fall in the rupee because of emerging market woes has once again pushed the markets below their 2008 level in dollar terms.

Hawkish guidance by the US Fed raises concerns it could tie the hands of RBI from trimming rates.

'Overall, the Indian economy is doing well.' 'Our economic fundamentals are strong and the early signs of recovery are sustainable.' 'This is positive for the market in the long run.'