Domestic Events To Drive Markets Going Forward

Arvind Manor DsijCategories: Editorial, Flash News Investment App
Domestic Events To Drive Markets Going Forward

Of late, the Indian stock markets are seen hovering around their peak levels while both bulls and bears appeared to have spent their forces. The January effect was visible in the markets with a bounce back driven by robust auto sales numbers for the month of December. The auto sector witnessed pick-up in car sales, especially with luxury car sales growing at fast­est pace in the last half decade. Further, the positive momentum in the manufacturing and services PMI carried forward the optimism in the markets. Nikkei India manufacturing PMI surged at its fastest pace in the last five years at 54.7 as against 52.6 in the previ­ous month. The surge was led by rise in merchandise exports at 30.5%, plus 6.8% growth in

Of late, the Indian stock markets are seen hovering around their peak levels while both bulls and bears appeared to have spent their forces. The January effect was visible in the markets with a bounce back driven by robust auto sales numbers for the month of December. The auto sector witnessed pick-up in car sales, especially with luxury car sales growing at fast­est pace in the last half decade. Further, the positive momentum in the manufacturing and services PMI carried forward the optimism in the markets. Nikkei India manufacturing PMI surged at its fastest pace in the last five years at 54.7 as against 52.6 in the previ­ous month. The surge was led by rise in merchandise exports at 30.5%, plus 6.8% growth in

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