Published on 20/01/2021 4:25:50 PM | Source: Emkay Global Financial Services Ltd
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Below are Views On Cash market volumes have shrunk this week By Mr. S Hariharan, Head - Sales Trading, Emkay Global Financial Services
‘’Cash market volumes have shrunk this week as indecision has set in among institutional investors. The Union Budget is the next major event that traders would be focusing positioning towards - in that context, PSU Banks and Capital Goods sectors have attracted fund flows, in anticipation of announcements for these sectors. IT sector results beat expectations but existing long positioning acted as an overhang. In the meantime, FII flows which had been the primary driver of price performance, have slowed and appear poised to stay muted for the coming couple of weeks.’’
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