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Rohit Srivastava suggests the recent market rally from early April might be ending, entering a corrective phase influenced by geopolitics and the upcoming FOMC meeting. While domestic liquidity is positive, Nifty's struggle to surpass 24,980, especially closing below 24,840, could lead to a fall towards 24,200.
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News and Media
Helios Mutual Fund's CEO, Dinshaw Irani, projects a steady market landscape ahead. He cites underlying economic weaknesses and global tensions as key factors influencing this prediction. However, there is a silver lining with liquidity flows providing stability. Anticipated interventions from the RBI could yield favorable outcomes in the near future.
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News and Media
Food prices grew for a third month in May, as the overall rate of inflation remained at 3.4%.
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News and Media
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