Historically, July has been a positive month for Indian equities, with Nifty 50 and Nifty 500 gaining in nine of the last ten years. Analysts anticipate a similar trend this July, potentially driven by easing geopolitical tensions, a normal monsoon, and strong global seasonality. Positive factors like domestic institutional buying and better earnings expectations could further fuel market momentum.
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The