Tags: market
- Next Global Indices GIFT Nifty: 22032 +85 Hangseng: 18549 +105 Dow: 38711 +140 S&P 500: 5291.34 +8 Nasdaq: 16853.74 +25 USD / INR: 83.57 Brent Crude: 77.53 GOLD: 2349.40 FII Net (04-06-2024): -12436.22 DII Net (04-06-2024): -3318.98 Global Indices GIFT Nifty: 22032 +85 Hangseng: 18549 +105 Dow: 38711 +140 S&P 500: 5291.34 +8 Nasdaq: 16853.74 +25 USD / INR: 83.57 Brent Crude: 77.53 GOLD: 2349.40 FII Net (04-06-2024): -12436.22 DII Net (04-06-2024): -3318.98
- Previous Consensus on Markets So Far: – Upside capped as of now, sell on rise to be continue. – Public capital expenditure is expected to decline. – Consumer staples and healthcare sectors are anticipated to gain prominence. – Global long funds are currently underweight on India but are likely to engage soon. – Significant froth has been skimmed off small and mid-cap stocks over the last three months. – Greater clarity is expected after the cabinet formation and the Budget announcement. – Populist measures, including more freebies, are likely to continue. – Sectors such as defence, power, and infrastructure may experience selling pressure on any rise Consensus on Markets So Far: – Upside capped as of now, sell on rise to be continue. – Public capital expenditure is expected to decline. – Consumer staples and healthcare sectors are anticipated to gain prominence. – Global long funds are currently underweight on India but are likely to engage soon. – Significant froth has been skimmed off small and mid-cap stocks over the last three months. – Greater clarity is expected after the cabinet formation and the Budget announcement. – Populist measures, including more freebies, are likely to continue. – Sectors such as defence, power, and infrastructure may experience selling pressure on any rise
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