Powered by: Motilal Oswal
24/11/2022 5:24:25 PM | Source: Geojit Financial Services
Quote on Market at 62k By Dr. V K Vijayakumar, Geojit Financial Services
News By Tags | #2730 #7512 #607 #4943 #879 #1014
Quote on Market at 62k By Dr. V K Vijayakumar, Geojit Financial Services

Quote on Market at 62k By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

"Two triggers assisted the Sensex rally to record highs. One, in the mother market US, the market construct turned favourable with rising equities, declining bond yields and falling dollar. Two, macro developments in India show steady rise in credit growth and capex indicating strong economic recovery. Along with this, sharp correction in crude is a big positive. This has facilitated this Sensex rally led by large-caps, mainly the HDFC twins, Infosys, TCS and RIL."

 

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here