Analysts and brokerage firms are bullish on market prospects as events such as the US election is over and positive reports on the vaccine front are giving hopes that soon COVID-19 will be under control.
Diwali 2020 marks the beginning of Samvat 2077, the new Hindu accounting year. While Samvat 2076 was quite volatile for the market, the new Samvat is expected to augur well for equities.
Analysts and brokerage firms are bullish on market prospects as events such as the US election is over and positive reports on the vaccine front are giving hopes that soon COVID-19 will be under control.
Improving macroeconomic indicators are also signalling bulls will have enough fodder for jumping higher. Outlook for equity The markets have fully recovered the losses and with the US elections uncertainty behind, Samvat 2077 looks promising for the emerging markets, said Naveen Kulkarni, Chief Investment Officer at Axis Securities."Nifty by […]
Click here to view original web page at www.moneycontrol.com
Posting Guidelines
- Do contribute something to the discussion
- Do post factual information, analysis and your view on company valuations
- Do disclose if you have an interest in a security
- Do take our Terms of Use seriously
- Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
- Do not complain about a post unless you have reported it first, and not on the forum.
- Do not post financial advice
- Do not advertise or post sponsored content
Get involved!
Get Connected!
Come and join our community. Expand your network and get to know new people!
Comments