After a stellar liquidity-driven run in Samvat 2077, experts are suggesting that investors should brace for a volatile phase for Indian equity markets in Samvat 2078.
According to Krishna Kumar Karwa, managing director at Emkay Global, ample domestic liquidity will keep market sentiment buoyant, despite headwinds.
Talking of the market drivers for this holiday-curtailed week, all eyes will be on Manufacturing and Services PMI data for India and the monthly auto sales figures, the outcome of the US Federal Reserve meeting for cues on when the central bank plans to hike rates.
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