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Indian market correction an opportunity to buy; oil fall good for equities: JPMorgan

Indian market correction an opportunity to buy; oil fall good for equities: JPMorgan
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Global markets brace for ongoing correction amid rising yields and oil prices: BNP Paribas Strategist

BNP Paribas Asia Equity strategist, Manishi Raychaudhuri believes that the equity markets may continue trading sideways for the next three quarters due to the aggressive rate hikes of the federal reserve

El Nino biggest immediate risk for the markets; not priced in yet: Analysts

Less-than-expected rainfall and a poor spatial distribution, experts say, can rekindle fears of a rise in food and fuel inflation that can have an impact on the RBI s monetary policy. The fear of less than optimal rainfall due to El Nino this year, analysts believe, is the biggest short-term risk for the markets, which they said has not been fully priced in yet by them. Monsoon set over Kerala on June 08, a week later than its scheduled date.

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