Growth steps, oil prices set to boost equities
Indian equities along with the rupee which have lately faced headwinds of massive foreign fund outflows along with disappointing quarterly earning results will get a boost via Central government”s policy measures to prop up growth along with falling crude oil prices, experts said.
However, the escalation in the US-China trade war and release of key macro-economic indicators are expected to induce some volatility in the stock markets.
Moreover, industry observers pointed out that the latest measures announced by Finance Minister Nirmala Sitharaman will assuage investors” nerves and bring back confidence in the Indian economy.
