To discuss the market and get some valuable views on the market, ET Now held an interview with Andrew Holland, CEO-Equities, Ambit Capital Pvt. Ltd. In the interview, Andrew Holland primarily stated that the Indians could face sharp rally in September in Indian markets.

During the interview, it was marked by Holland that June was very tough and the commodity or the high commodity price, including oil, could cause more demand destruction in the west as well. All have seen that global efforts are being put in to bring the oil prices down and possibilities are higher that the food prices could be the next target for global governments.

Definitely, present outlook is more favorable for the markets like India and China as growth in the US, Europe and the UK is going to continue to slow down, which is the more likelihood than it was even a month ago. This situation would further pressurize the commodity prices, which will prove good for India in the sense of its interest rate cycle.

Holland further added in his statement that September could have a softer rally for India, only if the outlook for commodities, global growth remains weak.

Let’s see what happens next?