Economic TimesLean R·
Dalal Street bets on a strong July as macro risks begin to fade
Mumbai: July's reputation as one of the strongest months for Dalal Street has seasonal traders expecting another positive month for Indian equities, with easing crude oil prices, a stabilising rupee, declining foreign selling in equities, and receding geopolitical tensions adding to the optimism.Over the past 10 years, both the Nifty and Nifty 500 have ended July in positive territory eight times, delivering average gains of 3.1% and 3.2%, respectively, according to data from Motilal Oswal Fina…
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