Market Outlook May 2023

The financial year 2023-24 started on a good note for the capital markets. Nifty rose almost 4.1% and on the other side Bond yields have come down post RBI’s action in MPC.

Equities
Much awaited short covering by FPI, followed by some buying resulted in 4.1% rise in market in April. It was important to note that if there FPIs were net buyers after a long time. Read more

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