Shock election results, tax tweak may trigger equity correction on Dalal Street: Chris Wood, Jefferies

Shock election results, tax tweak may trigger equity correction on Dalal Street: Chris Wood, Jefferies

A “surprisingly bad outcome” in national elections, and any changes in capital gains tax in upcoming July budget could act as triggers for a near-term correction in Indian markets, Christopher Wood, global head of equity strategy at Jefferies said. While a shock BJP defeat in 2024 elections is “extremely unlikely”, markets could correct even more … Read more

Decoding market corrections: A deeper look at time and price factors

Decoding market corrections: A deeper look at time and price factors

It is widely recognised that equities have outperformed other asset classes like debt, real estate, and gold over the past few decades in terms of returns. However, to capitalise on these superior returns, equity investors must navigate through market corrections, which are generally unwelcome, whether they are minor or substantial. Yet, when approached strategically, these … Read more