HomeNewsBusinessIPOIn Focus with Udayan Mukherjee | Can market maintain uptrend given weak macro environment?

In Focus with Udayan Mukherjee | Can market maintain uptrend given weak macro environment?

CNBC-TV18 Consulting Editor Udayan Mukherjee talks about the breadth of the current market rally, which is driven mainly by global and institutional investors.

December 10, 2019 / 08:59 IST
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The current market rally in India is being primarily driven by global and institutional investors. Not many local investors and HNIs who actually drive the mid- and small-cap sentiment are actively driving market sentiments.

As demand continues to remain slow, it is getting difficult for mid- and small-cap stocks to perform given the weak economic conditions.

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Investors are playing it safe and betting on large, stable companies. This is why a set of large-caps are pushing the market up and if you look at the broader indices, there is no rally.

In the 11th episode of In Focus with Udayan Mukherjee, the CNBC-TV18 Consulting Editor explains how investors should tread the current market trend.