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Mary Kay
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SepMarket Outlook September 2021
Equities The month of August was full of action where most of the indices moved up by 6% including the Midcap & Small-caps. Overall gain on the Nifty 500 for last one year reached 55.31%. Again, retail participation dominated the show, indicating huge appetite for equity from investors. Funds like ICICI Flexi-cap, SBI Balanced Advantage and UTI [...]
MARKET OUTLOOK AUGUST 2021
Fixed Income Overall, the tax collection has been encouraging and surprisingly fiscal deficit is kept under control. This will further improve as economy is also opening up slowly post the June quarter. Many broad economic indicators like petrol/diesel consumption exceeded pre-Covid levels in July. Manufacturing PMI has moved up from 48.10 in June to 55.30 in July[...]
