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Perspective on the Market by Dr. Joseph Thomas, Head of Research, Emkay Wealth Management
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Below the perspective on markets by Dr. Joseph Thomas, Head of Research, Emkay Wealth Management
“The domestic markets registered gains for the week gone by as they remained well supported by strong macroeconomic data in the form of PMI numbers. At the current juncture, the earnings season too is expected to register satisfactory growth. The expectations on growth were seconded by RBI in its policy by way strong projections for FY25. The domestic news flow is fairly supportive of the market sentiments, the volatility may largely induced by global developments, specifically expectations around the timing of the US Fed rate action..”
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Indian markets to deliver positive returns for 9th year in a row, outperform US
