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Published on 13/10/2021 1:55:37 PM | Source: Angel One Ltd

Quote on Share Market at lifetime high by Jyoti Roy, Angel One Ltd

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Below is quote on Share Market at lifetime high by Jyoti Roy - DVP- Equity Strategist, Angel One Ltd

The Nifty has touched new all time highs today on the back of optimism due to continued improvement in economic activities. There has been a significant improvement in economic activities led by services in September given further relaxation in restrictions due to significant decline in new Covid cases. Expectation of further improvement in demand during the ongoing festive season along with strong FII and DII flows are also supporting the rally. However any further deterioration in the global energy crisis will lead to higher energy prices and coal shortages for a longer period of time which can have an adverse impact on growth and is one of the key risks to the current market rally.

 

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