Sonam Srivastava: Supply Pressures to Continue, Too Soon to Declare Worst Over
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Market Recovery Distant, Supply Pressures to Persist: Sonam Srivastava
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Moneycontrol•16-03-2026, 06:43
Market Recovery Distant, Supply Pressures to Persist: Sonam Srivastava
•Sonam Srivastava, Wright Research PMS, states it's too early to declare the worst is over for markets, citing uncertain resolution of underlying triggers.
•Supply-side pressures, particularly from the Strait of Hormuz disruption, are unlikely to dissipate soon, impacting global energy markets.
•Equity markets are repricing risks due to geopolitical issues, sticky global inflation, and recalibrated Fed rate cut expectations.
•Limited downside of 1-3% expected if Hormuz stabilizes and oil pulls back to $80, but further escalation could extend market drawdown.
•Relaxation in Press Note 3 is a meaningful shift in India's FDI posture, benefiting sectors like electronics, semiconductors, EVs, and specialty chemicals.
