Daily Market Report (5 Aug 2019)
Daily Market Report (5 Aug 2019)

Daily Market Report (5 Aug 2019)

  • The equity markets are expected to remain volatile in view of the ongoing trade spat between China and the US. Following Trump’s imposition of more tariffs, China has warned of a possible retaliation on the same.
  • Nonetheless, we reckon investors would become more accustom of the situation moving forward hence the equity markets will find an equilibrium and stability. Buy on weakness with focus on index linked counters namely the banks which had been sold down of late.