Commentary on Markets 20th May 2026 by Mr. Vikram Kasat, Head Advisory, PL Capital
Below the Commentary on Markets 20th May 2026 by Mr. Vikram Kasat, Head Advisory, PL Capital
"Indian equity markets staged a resilient recovery today, reversing early losses to end marginally higher despite heightened global uncertainty. Equity markets opened on a weak note, with apprehensions surrounding rising crude oil prices, tensions in the Middle East, high bond yields, and rupee pressures. But strong buying seen in selected blue-chip stocks, especially energy and defensive stocks, enabled benchmark indices to recover from their intra-day lows and close higher. This reflects the underlying strength in Indian markets, although investor sentiment is likely to be cautious in the coming days. For the short term, investors are expected to keep an eye on geopolitical events, crude oil trends, foreign funds flows, rupee trends, and global macro cues."
Above views are of the author and not of the website kindly read disclaimer
Tag News
MOSt Market Outlook : Sensex, Nifty End Higher on Recovery and Strong Earnings by Motilal Os...
