India Market Outlook June 23: Resilience or Irrational Exuberance?

08/06/2023 5 min
India Market Outlook June 23: Resilience or Irrational Exuberance?

Listen "India Market Outlook June 23: Resilience or Irrational Exuberance? "

Episode Synopsis

We've just released our monthly market outlook for June. We believe that a pause in the RBI's rate hike cycle, robust corporate earnings and superior macro fundamentals are likely to drive resilience of Indian assets. However, volatility is likely to remain high, and weakening global growth outlook, elevated inflation and tighter lending conditions are likely to impact demand and corporate profitability. Tune in for complete details. Speaker:Ravi SinghChief Investment Strategist, Standard Chartered