Nifty to hit 20,500 by 2023-end: Goldman Sachs
Indian equities are less likely to outperform for the third successive year, says Goldman Sachs.
Indian equities are less likely to outperform for the third successive year, says Goldman Sachs.
On Monday, the market capitalisation of BSE-listed companies was wiped by around ₹5.5 lakh crore to ₹246 lakh crore.
Shares of Tata Motors, Motherson Sumi Systems, Dr. Reddy's Laboratories and Adani Wilmar slumped due to concerns emerging from Russian attack on Ukraine.
Gloomy Quadrilateral is a depressing concoction of spiking crude, rising gold prices, pessimistic foreign investors and weakening rupee that dampens the zeal of equity investors.
The road ahead for the stock market is indeed wobbly, but that should not stop you from making the best use of the dip.
After a spike of 40% in last one week, Volatility Index (VIX) has stabilised hinting confidence is returning back.