Expected growth measures to push Indian equities higher
Expected growth-inducing measures along with attractive valuations will give an upward push to Indian equities during the upcoming weekly trade, market observers opined.
Additionally, other factors such as the rupee”s movement, the direction of foreign fund flows and macro-economic data points are also expected to determine the trajectory of key Indian equity indices.
“In the truncated coming week, eyes would be focussed on what steps will the government take to revive the economy and how the businesses perform in the festival season,” HDFC Securities Research Head Deepak Jasani told.
