💡 Will the rally sustain? 💡
In July, the benchmark Sensex and Nifty indices increased by 9%
REASONS FOR RALLY📈
• Crude oil prices have corrected around 25% from its June peak
• Investors put aside concerns about inflation due to international market recovery and strong corporate earnings
• FIIs invested around INR 5,000 Cr of shares in July, after a huge net outflow of INR 50,000 Cr in June
POSSIBILITY FOR A FALL DUE TO 📉
• US GDP fell for two consecutive quarters and might get into the recession
• In case of China Taiwan war
What do you think, will the market move fall further? Please share your views in the comments section
#MacroEconomy #InvestmentIdeas