Heres why 2016 will be mixed bag year for your finances

The New Year brings with it renewed hopes but this optimism is guarded in 2016. The good news is 2016 is expected to be a better year than the year gone by across most sectors, according to experts.

The year may not have begun well for equity investors, but the Indian equity market is expected to perform better during the year compared with 2015, which failed to live up to its promise.

Barring unforeseen events, the equity markets will do well this year, especially in the second half of 2016 on the back of an earnings turnaround, says Ravi Gopalakrishnan, head, equities, Canara Robeco Asset Management.

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