09-11-2024 05:39 PM | Source: Emkay Wealth Management
Perspective on the Markets of Dr. Joseph Thomas, Head of Research, Emkay Wealth Management

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Below the Perspective on the Markets of Dr. Joseph Thomas, Head of Research, Emkay Wealth Management 

 

“The equity markets remained volatile, and tested lower  levels ahead of the US Presidential elections and the FOMC meet. The results of the US Presidential election provided some kind of a mid-week relief rally, but the concerns over  potential inflation and sluggish growth lingered on. On the domestic front, the weak earnings season kept the investor sentiment quite subdued. Over the near term, the likely policies of Trump, China’s economic stimulus measures, and the domestic earnings trajectory would be the key monitorable..”

 

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