IGI Logo

Below are Views On The fundamental factors influencing markets are changing fast By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

"The fundamental factors influencing markets are changing fast. There are both positives & negatives. On the positive side, the better than expected job numbers & economic recovery in the US is a big positive. This will support global growth, which, in turn, will be a boost for stock markets. On the other hand, back home in India, the fast-rising Covid cases is a cause of concern. Restriction of economic activity in many areas might impact growth recovery. But, as of now, there are no signs of a slowdown in the economy. Macro numbers like GST collection (record Rs 1.24 lakh cr in March) and auto sales numbers in March indicate a strong economic rebound. Q4 results will be very good and this can impart resilience to markets. How the Covid cases pan out, going forward, is a crucial factor"

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