Why Are Markets Rallying? Ajay Bagga Explains | Fed, Oil Prices & FII Flows

Indian markets have remained resilient despite rising crude oil prices and global geopolitical uncertainty. Ajay Bagga, Sr. Market Veteran, says better-than-expected corporate earnings, improving foreign investor sentiment, and expectations of easing geopolitical tensions are supporting the rally. He believes India's relative underperformance over the past two years has also created room for a recovery. While the U.S. Federal Reserve is widely expected to pause interest rates, its commentary will remain crucial for global markets. According to the expert, the durability of the current rally will depend on global developments, oil prices, and sustained FII inflows.