The emerging markets have seen major selloff in the past few days with no end in sight . The slowdown in China is keeping everyone on the edge.
Indian market is at the 13 month low.
The positives for the Indian economy are :
1) Structural reforms that will help in the long term growth
2) Indian service sector to benefit from the revival in growth in USA
3) Low commodity prices ( Oil , Coal ) where India is a net importer
4) Slowdown in China will drive investments to India
However India is not an isolated market , and thus the global factors and emerging market sell off will keep affecting India.