Global equities trended lower for the third consecutive week as regional sentiments weighed in. Hawkish minutes of the Fed policy meet suggested that policy makers remain concerned about inflation, sparking further rate hike fears. Closer home, the Nifty fell 0.6% in a holiday truncated week. Tune in for more updates.

Speaker:
Ravi Singh
Chief Investment Strategist, Standard Chartered

In this edition of the India Market Outlook podcast titled 'can the upturn sustain', we look at the rally in the mid cap and small cap stocks and assess their probable performance over the coming few months. Tune in for more.

Speaker:
Ravi Singh
Chief Investment Strategist, Standard Chartered

We have released our market outlook for Aug 2023 titled 'Can the upturn sustain'? We see two competing narratives - India's robust domestic macros that are ahead of peers and a high likelihood of a growth slowdown in developed markets.

Tune in to hear more on our macro and asset class views.

Speaker:
Ravi Singh
Chief Investment Strategist, Standard Chartered 

Global equities traded lower due to risk off sentiment on the back of Fitch lowering US's long term foreign currency issuer rating. The Nifty also performed lower, closing the week with a decline of 0.7%. Tune in to know more.

Speaker:
Ravi Singh
Chief Investment Strategist
Standard Chartered India 

The US Fed raised policy rates by another 25 bps last week, leading to a 22 year high rate. Global equities trended higher. Closer home, the Nifty snapped a 4 week rising streak, declining by 5% for the week.

Tune in for more.

Speaker:
Ravi Singh
Chief Investment Strategist, Standard Chartered

In today's episode of Views from the Street, we are joined by Suresh Soni, CEO, Baroda BNP Paribas MF. Tune in to hear Suresh's thoughts on the India structural story, areas that he is optimistic on and his preferred sectors of growth.

Speaker:
Suresh Soni
CEO, Baroda BNP Paribas MF

with

Ravi Singh
Chief Investment Strategist, Standard Chartered

Mixed global cues steered global equities last week, with Greater China stocks coming under pressure while South Asia and US equities trended higher. Indian equities continued their four week bull run, with the Nifty rising 0.9% for the week.

Tune in for more.

Speaker:
Ravi Singh
Chief Investment Strategist, Standard Chartered

In our final podcast covering the H2 2023 market outlook, we take a look at FX and commodities. On the INR, we expect resilience given strong fundamentals and ahead of peer growth. We also expect the USD to remain range bound for the next 3 months beforr resuming its decline on a 12-month horizon. We remain neutral on gold, and have a bearish outlook on crude, expecting the WTI crude variant to stay priced at ~USD65/bbl over the next 12 months. Tune in for more.

Speaker:
Ravi Singh
Chief Investment Strategist, Standard Chartered

Global equities rallied last week on the back of cooling US equities data and raising hopes of modest rate hikes by the Fed ahead. Indian markets followed the cue, carrying forward a 3 week rising trend and touching new all time highs. The Nifty rose 1.2% for the week.

Tune in for more details.

Speaker:
Ravi Singh
Chief Investment Strategist, Standard Chartered

In the final episode of our podcasts on the H2 2023 Outlook (titled 'Keep C.A.L.M. and carry on'), we look at equity and our preferred sectors. Indian equities overcame a slow start this year to scale all time highs in Q2, with the broader markets also outperforming large caps. Against this backdrop, it could be tempting to dial up risk and allocate higher to equities - but is it the right strategy? Tune in to know more.

Speaker:
Ravi Singh
Chief Investment Strategist
Standard Chartered Bank India