Market Outlook

Market Outlook - September 2024

Market Update The month began with a sharp decline in Indian markets, in line with the trends in the global markets. Strength in Japanese yen led to a sell-off in

Market Outlook - August 2024

Market Update July 2024 was an eventful and volatile month for Indian equities. We started the month amidst uncertainty on the first budget of the third term of Modi government.

Market Outlook - July 2024

It was a very volatile month of June for Indian equity markets. The markets witnessed a sharp correction on June 4th, as the election results came in short of market

Market Outlook - Post Election Results

The much-awaited results of the General elections of India were announced on June 4, 2024. In a surprise turn of events, the outcome of the elections has come as a

Market Update – May 2024

Global equity markets had a mixed performance in April 2024, amidst bouts of risk-off and risk-on. US markets ended the month sharply lower and so did many other global equity

Market Update – April 2024

Equity markets globally continued the positive momentum in March 2024, with most ending the month with strong gains. Taiwan (+7.0%), Germany (+4.6%) and UK (+4.2%) were the

Market Update – March 2024

Global markets continued the positive momentum in February 2024, with most ending the month with good gains. Shanghai (+8.1%), Japan (+7.9%) and Hong Kong (+6.6%) were the

Market Update – February 2024

January was a month where global equity markets witnessed significant volatility and contrasting performance. Japan (+8%), Malaysia (+4%) and Russia (4%) were the major gainers, while Hong Kong (-9%), Shanghai

Market Update – January 2024

December was a strong month for equity markets globally in what is usually termed as a “Santa Claus” rally. Indian markets emerged as the best-performing market with benchmark Nifty gaining

Market Update – December 2023

November was a strong month for equity markets globally. After having hit a worrying high of 5%, the US 10-year yield came off sharply, leading to a risk on. US