The current market is experiencing dynamism, which be attributed to positive political developments in India influencing the stock market, easing tensions in the Israel-Hamas conflict, reduced recession indicators in the US, and a rebound Indian Rupee, said Trivesh D, COO, Tradejini.
"Valuations in India have now adjusted to more reasonable levels, fostering increased market participation. Sectors like banking and chemicals are currently witnessing attractive valuations, drawing a new audience to the market. While the current recovery is expected to continue. Looking ahead to the longer term, market sentiment remains notably optimistic for remaining fiscal," he said.
