04-12-2023 05:41 PM | Source: Emkay Global Financial Services
Perspective on markets By Mr. Jaykrishna Gandhi, Emkay Global Financial Services

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Below perspective on markets By Mr. Jaykrishna Gandhi, Head - Business Development, Institutional Equities, Emkay Global Financial Services 

“The Indian markets now are set for another rally this time driven by the large caps going into the central elections.

The clarity of domestic state election win and overall steady global macro environment will boost market optimism.

Lastly, rate hikes have been largely ruled out which opens the narrative for rate cut for some time next yr.

We believe large caps will outperform small and mid in the near term with laggards like banking stocks and RIL to lead the way”

 

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