Indian Equity Markets Remain Range-Bound Amid Global Risks and Weakening Rupee, Largecaps Favored Over Smallcaps
AI Summary1 min read
TL;DR
Indian equity markets are expected to stay range-bound due to global risks and a weak rupee, with largecaps preferred over smallcaps amid mixed earnings and AI-driven shifts.
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Indian equity marketsrange-boundlargecapsglobal risksweakening rupee
Indian equity markets are likely to remain range-bound in the near term due to global macro risks and a weakening rupee. Anand Tandon, Independent Analyst, advises adopting a cautious stance as the market lacks clear triggers and earnings remain mixed. Largecaps are favored, driven by global themes such as metals, energy, and AI, while the IT sector faces a structural threat from the global shift towards AI, which could erode demand for traditional IT services.
