Ahead of major defining events, market participants steadily build positions. Now once the event crystalizes all participants move in a herd for the exit all at once which causes these gyrations and spikes in the volatility index (up 24% on the election outcome day).
Chakri Lokapriya expects prolonged earnings pressure despite market optimism
LGT Wealth’s Chakri Lokapriya notes that earnings cuts are expected to continue, potentially impacting Nifty’s growth. However, he sees potential for market improvement in the
April 29, 2025