Market Commentary

Weekly market quote - Teena Virmani, Vice President - PCG Research at Kotak Securities Limited



Posted On : 2017-06-09 23:20:10( TIMEZONE : IST )

Weekly market quote - Teena Virmani, Vice President - PCG Research at Kotak Securities Limited

"Going ahead, markets will focus on the policies of President Trump along with US Fed rate hike decision in next week. Impact of UK election results on Brexit negotiations along with oil price movement are also crucial for the markets. Domestically, markets will watch for progress and geographical spread of monsoons as it will be important for agri-related, cement, automobile and FMCG companies. GST council meet on Sunday to address concerns of some of the sectors will also be important for smoother implementation of GST by July".

Source : Equity Bulls

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