 "Jefferies Financial Group Inc")
Rising crude oil prices, traction in China equities and inflation concerns back home are casting a shadow on the Indian equity markets in the short term, believe analysts at Jefferies.
They said this could see the markets remaining range-bound in the near term before the next leg up.
“Goldilocks position for Indian equities is getting questioned with crude rallying, China gaining some traction, rising India CPI (consumer price index-based inflation rate) and yields moving up.
