Market outlook Jun 28: GIFT Nifty hints quiet open; telecom stocks in focus

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Market outlook Jun 28: GIFT Nifty hints quiet open; telecom stocks in focus - Business Standard

Quick Summary:

Pre-market update for Friday: Shares of telecom companies are likely to be in focus following the up to 25 per cent tariff hike by Reliance Jio;.

On the broader market outlook for July Apurva Sheth, Head of Market Perspectives and Research, SAMCO Securities said, from a seasonality perspective July has been one of the most bullish months for Indian equity markets.

The Nifty made new all-time highs for the last three consecutive sessions, showing signs of resilience amid global sluggishness.