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 market seesawed through the news of the US - Iran truce and the tentative agreement cobbled together by both the parties, which was announced on June 18. With oil prices touching USD 80, and the Rupee at Rs.94.50, the market may draw some comfort from these indicators. But what could infuse greater optimism is the the evidence of the sustainability of the agreement itself. The Middle East developments and its consequences for major macro variables will continue affect the direction of domestic equities.”
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