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Perspective on Market By Dr. Joseph Thomas, Emkay Wealth Management
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Below is Perspective on Market by Dr. Joseph Thomas, Head of Research, Emkay Wealth Management.
“After an ebullient market which touched life-time highs, fostered by strong economic numbers and good inflows from overseas investors, and prospects of lower interest rates, witnessed some amount of correction on the last trading day of the week. Some selling was witnessed in large cap stocks, mainly in the Banking , Tech, and Oil & Gas sectors. Profit booking and the developments around the Middle East, the movements in the Dollar Index etc. are likely to influence the markets at the periphery in the coming week.”
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