scorecardresearchBFSI, consumption may lead next phase of the rally, says Jaspreet Singh Arora of Research & Ranking

BFSI, consumption may lead next phase of the rally, says Jaspreet Singh Arora of Research & Ranking

Updated: 11 Aug 2022, 08:28 AM IST
TL;DR.
  • The market has largely digested recent rate hikes in US and India and another 50-75bps before December 2022, said Arora.
Arora said a period of consolidation or time correction amidst volatility is anticipated in the near term before we start making bigger moves.

Arora said a period of consolidation or time correction amidst volatility is anticipated in the near term before we start making bigger moves.