Money Trends April 2024

Bhavesh Sanghvi

May 8, 2024

Domestic equity markets rose during the month as India’s strong economic growth outlook, anticipation of upbeat corporate earnings for the quarter ended Mar 2024 and the prospects of political stability following the outcome of general elections kept the underlying sentiment positive. The rally in the domestic equities took a breather in the interim as escalating geopolitical tensions between Iran and Israel dented market sentiment.