The month of May, historically, has always been a bad month for equity market. Along with the usual slump, macroeconomic concerns like inflation and poor Q4 earnings have turned most bearish.
According to Ambareesh Baliga, COO of Way2Wealth, monsoon will be the right time for the market to start a fresh rally as commodity prices and inflation will start tapering off by then. In an interview with CNBC-TV18Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
