Demonetisation: Equities remain best bet; avoid exposure to gold, real estate

Demonetisation: Equities remain best bet; avoid exposure to gold, real estate

Domestic equity market has witnessed a slide in recent weeks even as there is widespread expectation that governor of Reserve Bank of India, Urjit Patel, will announce a cut in repo rate in the forthcoming fifth bi-monthly Monetary Policy statement on December 7 to spur growth. Sarbajeet K Sen The demonetisation exercise by the government has created negative impact on asset classes such as real estate and gold, with purchases slowing down in both. Domestic equity market has witnessed a slide in recent weeks even as there is widespread expectation…

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