Page 20 - EquityPandit Yearbook
P. 20
INDIAN STOCK MARKET
OUTLOOK, 2019
EquityPandit's Yearly Forecast for 2019
TAKING CUES FROM 2018
WHAT YOU MAY
The calendar year 2018, noted flat returns on EXPECT
year-over-year basis. Borrowing excitement
from the previous year, 2018 began with Ta Taking Cues From 2018 - king Cues From 2018
2
cheerfulness, as the benchmark indices Impact of Lok Sabha Elections
Impact of Lok Sabha
touched lifetime highs frequently, in the early 2019
Elections 2019- 3
months. However, it could not sustain these Domestic Liquidity and
levels. As a result, these indices are expected Buying Opportunity
to enter 2019, with flat to single-digit returns. Sector-wise Outlook
Technical Outlook for Nifty-
With Sensex and Nifty climbing around 28 per 2019
cent each, in 2017, it was expected for the Technical Outlook for Bank
Indian stock market to give single-digit returns Nifty 2019
in the current year, considering the Conclusion
uncertainty caused by crude and rupee
volatility, US-China trade war, state assembly
elections and unexpected resignation of RBI
governor.
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1 EquityPandit Yearbook
