MACROS, MICROS & ART OF BIDING TIME

N a recent podcast, I touched upon the broad Macros and Micros of the Market as well as the Art of Biding Time in the market.

- ASHOK KUMAR

Am sharing some of the key points that I made in this column.On the Macro front, conflicts remain on the boil in different parts of the world be it between Russia and Ukraine, Tran and Israel, India and Pakistan besides China and Taiwan. Adding to the resultant uncertainty is the even bigger uncertainty around how sacrosanct trade deals made with the USA are anymore. The recent US Supreme Court verdict that upturns the earlier tariffs has led to countries pausing deal closures.

While the Indo-US deal is thus too early to call, the Indo-EU deal is a definite positive for the Indian economy and in a way, lessens the overhang that has existed over the Indian equity market ever since the tariff circus commenced.