Macro stability key for next leg of market rally Sandip Sabharwal
News Source : The Times of India
News Summary
- Indian equity markets recovered despite early volatility, with fuel price hikes and easing Adani concerns providing support.
- Market expert Sandip Sabharwal emphasizes that global macro factors like commodity prices, inflation, and Middle East tensions will now dictate market direction.
- He pointed out that elevated commodity prices can support economic growth by encouraging large-scale capital expenditure from commodity producers.
- Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank share Price, Infosys Share Price and Wipro Share Price.
- Why Sanjeev Bikhchandani now depends more on Zomato than on jobs.
- Falling prices, Gulf risks: A spice king’s growth recipe falters.
- Why Jio BlackRock is taking a U-turn to reach investors 3 years on, India rebuilds aircraft lessors’ trust that Go First broke 98 million SIP accounts power Indian equities.
Indian equity markets staged a sharp recovery after earlyweek volatility, aided by fuel price hikes finally being passed on to consumers and easing concerns around the Adani group overhang.
Never miss a story from us, subscribe to our newsletter