Outlook on Markets - Teena Virmani, Vice President - Research at Kotak Securities

"Markets witnessed gains during last week as RBI kept status quo on interest rates and also revised the CPI inflation forecast downwards. Going ahead, the focus of the markets will shift back to earnings which are likely to kick start from next week as well as future growth outlook by the various management. Earnings growth is also likely to be supported by a low base of Q4FY17. Globally, concerns over global growth owing to trade war triggered by Trump tariff threat continue to remain. Escalating trade standoff between US and China may continue to impact financial markets negatively. Monthly US jobs data is also to be eyed for clues on US monetary policy".

Source : Equity Bulls

Keywords