S Ranganathan, Head of Research at LKP Securities said he expects the Nifty to deliver high single-digit return this fiscal amid higher volatility, uncertain global cues, geopolitical issues and rising yields.
Last fiscal, India had the advantage of better macros but higher commodity prices this fiscal would impact macros though the micros would support an earnings recovery, something which has been elusive for many years.
Domestic retail flows for the first three months of CY18 have been fairly robust with March SIP crossing Rs 7,000 crore, which is a Rs 700 crore month-on-month rise from February.
Corporate earnings season which kicked in last week and monsoons would decide the medium-term outlook for markets in a year which has several state elections coming up starting next month.
Missed call
@8817002233,WHATSAPP NO. 8602780449
Mail Us =
starindiamarket@gmail.com
No comments:
Post a Comment