The markets may continue to remain volatile and may trade with a downside bias Says Dr. Joseph Thomas, Emkay Wealth Management
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Below Perspective on the markets by Dr. Joseph Thomas, Head of Research, Emkay Wealth Management
“The equity markets remained volatile throughout the trading session today, the last trading day of the calendar year. While metals, real estate and PSU Bank indexes were marginally higher, the power , banking and FMCG indexes traded lower. The Fed policy, the consequences that it may have for global growth and the reports emanating from China have been factors that are of consequence to the markets. The markets may continue to remain volatile and may trade with a downside bias, in the immediate term.”
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