IGI Logo

MARKET PERFORMANCE:BROAD MARKET UPDATE

* Nifty 50 & Sensex are up by 10% & 11%, respectively for the year

* This can be attributed to:

* Easing of global macro headwinds

* Resilience of FPI equity flows

MARKET PERFORMANCE:GLOBAL MARKETS PERFORMANCE

Global equity markets have witnessed a strong rally over the past one month. This can be due to the following:

* Expectation of softening of the rate hike trajectory and peak terminal rate likely to reach in by Jun-23

* Soft landing in terms of growth likely in followed by revival helped by lower inflationary pressures, rate cut, softening of strict zero Covid-19 policy in China and a lower base

MARKET PERFORMANCE:SECTORAL PERFORMANCE

* Majority of sectors ended positive with Auto and Consumer index marginally negative

MARKET PERFORMANCE:MARKET CAP PERFORMANCE

* Performance of both mid-caps (+2% MoM) and small caps (+3% MoM) was positive, though weaker than large caps (+4% MoM).

To Read Complete Report & Disclaimer Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer