Perspective on the Markets by Dr. Joseph Thomas, Head of Research, Emkay Wealth Management
Below the Perspective on the Markets by Dr. Joseph Thomas, Head of Research, Emkay Wealth Management
“The Nifty 50 crossed the 24000 mark during the week, and quite a bit of institutional buying also happened, which helped the market to trade higher. Some amount of profit booking was seen in the midcaps and small caps. With economic growth likely to be around the 7.00 % and the full-fledged budget expected by mid-July, the market may remain well bid. But adverse influences from developments overseas may not be ruled out for the time being.”
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Market Outlook: US bond yields, dollar index, FII data key triggers for next week