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阿拉爱上海

Markets trade at fair valuations on expectations of sustained growth in revenues; banks, financials to improve

By Narendra Solanki The Indian markets have shown impressive performance since bottoming out in June-22 end and have so far stood (Nifty50) at about 18% gain from Jun-22 low and Aug-22 high of which about 7% gains alone in August-22 month so far with few trading days remaining.The markets have largely outperformed its Asian peers and major drivers for this outperformance were both easing global conditions around inflation and extreme US Fed’s hawkishness concerns and robust domestic economic conditions. Also, the recent period coincided with the quarterly results which also added to the tailwinds to already strong markets as largely …

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