Market Outlook: Is The Worst Behind Us? Expert Sees Limited Downside And Near-Term Consolidation

Have Indian stock markets reached an interim bottom, or is more downside ahead? Sneha Poddar, Vice President, Research Analyst, B&D, MOFSL, shares her outlook on the market's near-term direction and the factors influencing investor sentiment. She believes the downside could be limited, with markets likely to remain in a consolidation range over the next two weeks. Cooling US bond yields, improving global cues and decent domestic corporate earnings are providing some relief. Robust demand and relatively controlled inflation are also supporting the domestic outlook. However, elevated crude oil prices and geopolitical tensions remain key risks for investors.