Monthly Update - June 2018
Markets are suggesting mixed signals at the moment. On one hand, macros continued to weaken due to sharp rise in oil prices, pressure on current account deficit and its impact on inflation. On the other hand, corporate earnings have shown a steady increase. In-fact corporate earnings have been highest since demonetisation time.
Indian Rupee has fallen to its lowest ever against the US dollar last month. The fall in the …
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