The points talk about various factors and themes related to different asset classes like stock markets , gold, fixed income and currency. Axis Securities said that volatility continues to reduce indicating the continuance of a strong bull market and mid, small, and large cap value continue to remain key allocation themes. Gold: Gold prices corrected by 4-7% in INR/USD terms in June on account of a more hawkish stance by the US Fed. More hawkish Fed led the dollar to strengthen further for the second half of the month, creating downward pressure on the gold prices. ‘’With the further strengthening of the dollar, gold prices continue to face challenges.

Source: Mint July 08, 2021 01:52 UTC