Political stability and strong macros take markets to new highs: Angel Broking

Views of Mr. Vaibhav Agrawal (Head of Research and ARQ):

"We are going through a period of political stability which will be very positive to bring reforms and new investments in the country. Today's rally was sparked by the outcome of Delhi MCD election and victory of favorable candidate in first round of French elections. The strong performance of our markets has also come on the back of the buoyant investor sentiment and improving macros and this rally is likely to continue with strong growth potential of our economy. Overall, the market are likely to remain strong with GST implementation just a couple of months away and expectation of normal monsoon this year."

Source : Equity Bulls

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