federal reserve meeting of the year and the central bank s decision on ids bond-buying program. tell us what we can expect. explain all that. well, good morning. we did see a very strange shift in market sentiment as we started out trading because we ended on such a strong note friday. we ve got the fed two-day policy meeting where we may see reassessment of the bond-buying program. also bringing forward interest rate hikes potentially. that s a huge market risk for a lot of investors. so we just saw the mood turn quite skittish as a result of monday s session, all of this, of course, at the same time as we have new concerns around the variant of omicron, and what that could mean for the growth. at the same time the central bank may take its foot off the accelerator. we sold off on recovery stocks yesterday. don t forget dollar has been king around the prospect of rate
Recovery plays that may disappoint investors
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Last Updated: May 25, 2021, 04:21 PM IST
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Synopsis If the investment cycle picks up, both in the public as well as the private sector, then you could be entering into a positive CV cycle.
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Some of the recovery plays will remain challenged for a longer period of time because consumer habits have changed during lockdown, warns Rahul Singh, CIO - Equities, Tata Mutual Fund, in this interview with ET Now. Edited excerpts:
How are you looking at the entire leisure, travel and hotel industry? Will the market start factoring in the gradual reopening now?