Sensex has gained 14% since the beginning of this year and NIFTY has gained 11.2% during the same period. The Corporate Earnings of April - June quarter led to a better performance of firms in FMCG, Information technology and Pharma sectors. But the trade deficit widened to USD 18.02 and rupee value depreciated to 70.65.
We will analyze the market condition by understanding the below factors:
- Trade Deficit
The trade ...