Share markets may remain in pressure for next few quarters amid crude and AI risks: Axis Direct's Rajesh Palviya
Mumbai, May 13 -- The share markets in the country are likely to remain under pressure for the next couple of quarters due to rising crude oil prices, geopolitical tensions, foreign institutional investor (FII) outflows and concerns around currency weakness, according to Rajesh Palviya, Head of Research at Axis Direct.
In an exclusive conversation with ANI on Wednesday, Palviya said Indian markets may not quickly return to their previous all-time high trajectory as multiple global headwinds continue to weigh on investor sentiment.
"I think it will remain for next couple of quarter we will not be able to move very fast to again all time high trajectory," he said.
According to him, supply disruptions in crude oil due to geopolitical tens...
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