by Ankur Punj, Managing Director, Equirus Wealth.
“While markets witnessed resilience last week due to falling crude prices and a strengthening rupee, selling returned amid weak global cues and persistent FII fund outflows from domestic equities. Markets will likely remain volatile going ahead as higher crude oil prices, uncertainty surrounding the US-Iran conflict and elevated US bond yields would drive investors toward safe-haven assets and prompt them to offload equity holdings”.
