Shravan Sreenivasula, Fund Manager, ABSLMF - Monthly Viewpoints - May 2018
Aditya Birla CapitalMay 07, 201800:07:07

Shravan Sreenivasula, Fund Manager, ABSLMF - Monthly Viewpoints - May 2018

Key highlights of April are as follows:

• The Large Cap index-Nifty was up by 6.2%, Midcap Index was up by 8.2% & the Smallcap index was up by 7.7%.

• Compared to global markets, India which was under performing for most of the year has turned around in performance beating most markets by a big margin.

• The GST collections for Apr’18 has crossed the INR 1 trillion.

• The IIP for Feb’18 came in at 7.7% yoy growth.

• The earnings season has started on a positive note.