India Stock Market Strategy - Omicron Drives A Pullback: Motilal Oswal

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.The Nifty ended its six-month winning streak in November 2021, ending ~4%, or 688 points, lower at 16,983. Nov-21 was characterised by elevated volatility, with the benchmark oscillating in a wide range (~1,400 points) and pulling back ~8% from record highs of October 2021. Much of the market anxiety can be attributed to global factors (Fed’s taper announcement, rising bond yields, higher crude oil prices, and strengthening of the U.S. dollar index). A big fundraise in the primary market also put some pressure on the secondary market. Sentiments were battered across global equity markets on Nov 26, 2021 with the detection of a new Covid-19 variant – Omicron – in South Africa. Nov-21 saw the highest inflows by domestic institutional investors since March 2020 at $3.6 billion. Foreign institutional investors saw outflows for the second consecutive month at $0.8 billion..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

India Stock Market Strategy - Omicron Drives A Pullback: Motilal Oswal

India Stock Market Strategy - Omicron Drives A Pullback: Motilal Oswal

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