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.
Sensex, Nifty to extend gains on Monday? 5 factors to guide D-St
Indian stock markets are poised for a strong opening, extending Friday’s gains as GIFT Nifty surged. Optimism surrounding a potential resolution to the Iran-US conflict