Branch2 Intelligence
Dalal Street bets on a strong July as macro risks begin to fade
Key takeaway
Indian equities expected to rise 2-3% in July as crude oil prices ease, rupee stabilizes, and foreign selling abates.
- Step 11st-order: Easing crude oil prices and stable rupee reduce macro risks, boosting Indian equity sentiment.
- Step 22nd-order: Lower input costs improve margins for Indian companies, driving earnings upgrades and foreign inflows.
- Step 33rd-order: Stronger Indian economy and equity market increase demand for UK exports and services, benefiting UK SMEs with Indian exposure.
Source: IN:Economic Times
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