US, China moves may have big implications for Indian equity markets

Recent moves by China’s regulators and policymakers and decisions at the US Federal Reserve’s ongoing policy meeting will impact global markets, this week. The impact on sentiment could set new uptrends, or trigger sharp corrections.
In the past few months, China has cracked down in various ways on major tech players operating across finance, ride-hailing, education, food delivery and property markets. The Chinese policy seems aimed at dissuading Chinese tech companies from listing abroad. China has also taken various measures to cool prices across booming metals markets.