Equity Outlook July 2023 By Tata Mutual Fund
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/07/f185cd8501d658eabc39daed4970ef75.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
MARKET PERFORMANCE : BROAD MARKET UPDATE
* After witnessing several ups and downs for 18 months, Nifty -50 finally surpassed its all time high and touched 19000 mark in Jun 23.
* The recent rally in the domestic equity markets was due to combination of healthy micro and macro, complemented by strong FII flows.
MARKET PERFORMANCE : GLOBAL MARKETS PERFORMANCE
* Most global equity markets are seeing positive momentum and India is among the top performing markets. .
* Japan has been the best performing major equity market. Depreciating currency helped support Japanese stocks, as a significant proportion of their profits comes from abroad.
* US was the next best performing market primarily driven by mega cap tech companies
MARKET PERFORMANCE : SECTORAL PERFORMANCE
* All major sectors ended higher in June 23. Realty, pharma and auto were the top gainers while media was the only laggard.
* For the year ending June 23, PSU Banks (+69%) and FMCG (+39%) made the highest gains while Media (-8%) was the biggest laggard
MARKET PERFORMANCE : MARKET CAP PERFORMANCE
* For the month of June 2023, the mid-cap and small-cap indices outperformed large-cap and were up by 6.2% and 6.4% respectively.
To Read Complete Report & Disclaimer Click Here
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/port57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Tradebulls Securities.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Broker _15.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/geojit market watch.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/mobile57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/health57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/cc796169e4f7c012914c95f4a8efe430.jpg)
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
![Weekly market outlook : The market is eagerly awaiting data on inflation and industrial production to provide further guidance Says Vinod Nair, Geojit Financial Services](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/5f1fa5f12be5ac87ff9258ea3909f0f8.jpg)
![Market Quote : Benchmark Indices ended the week today just a few percentage away from record highs Says S Ranganathan, LKP securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/f33c3d1dad571464e55a94475ae32892.jpg)
![Daily Market Commentary : Nifty closed higher for the sixth straight day with gains of 93 points (+0.5%) at 19820 levels Says Mr. Siddhartha Khemka, Motilal Oswal](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/009b2b15289ce4f7e143526434c946d5.jpg)