Below the Quote on Equity Market Outlook by Vinay Paharia, CIO, PGIM India Mutual Fund
The Nifty50 index remained volatile in May 2024 on the back of speculation regarding the Union Elections’ outcome, increasing geopolitical tensions, and significant FPI selling. During May, the Nifty50 index generated a return of -0.3%, while the NSE Mid Cap 100 and the NSE Small Cap 100 generated a return of +1.6% and -1.9%, respectively. Amongst the sectoral indices, Capital G...
Equity Outlook : Earnings growth, return on capital, and cash flow generation capabilities would be the key drivers of performance by Vinay Paharia, CIO, PGIM India Mutual Fund