Monthly Market View June 2022

Global geopolitical factors, similar to last month, remain negative with no resolution of the Russia Ukraine war. Oil prices continue to trade at a high price with Brent crude trading at around 114 $ per barrel. The Indian rupee has declined to around Rs 77.5/USD.

Concise Market Note after Budget & MPC

My bullish view on Indian equities remains intact after 2 important events of this week – The Budget & MPC meeting. While long term money should continue to be in appropriate equity schemes, short term money should be invested in low duration debt funds.

Finding hope in the corona world

India has been suffering from a spate of negative developments lately. It is important to find a few bright aspects too.That will help in giving rise to a more balanced and realistic assessment of the future.