Domestic markets kick-started the month with great optimism led by positive GDP numbers. The rising bond yields increases the volatility in the Indian equity market. Positive global cues and US yields retreating from highs led to a strong positive momentum in markets. Except the PSU bank index, all sectoral indices ended in green, with Nifty energy and Nifty Auto rising 3 percent each. Mid and small cap indices also ended in green.
Read on in this week’s newsletter to know more…