Reality check for indices
Financial Express Lucknow|January 04, 2025
Indian equity markets concluded the week on a pessimistic note due to a strong US dollar, high valuations, and investors shifting to a multi-asset strategy. Domestic markets are also weighed down by slower economic growth and a depreciating rupee.

"THESE INCLUDED THE trajectory of official interest rates, the potential return of a Trump administration and uncertainties surrounding regional conflicts," said Joseph Thomas, Head of Research, Emkay Wealth Management.

"The market concluded the week on a pessimistic note as a sell-on-rally sentiment prevailed due to a strong US dollar, high valuations, and investors shifting towards a multi-asset strategy," said Vinod Nair, Head of Research, Geojit Financial Services.

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