Where are the Indian Markets Heading ?
The markets have been volatile but almost flat for last 15 days now due to poor earnings. The euphoria of Delhi elections a keenly watched event has also finished now with an astounding victory by AAP.
So where are the markets heading?
The consolidation in the market post 3rd QE results is almost complete. The Greece story has also been priced in by now by the market.
The next event is the Annual Budget.
The market is very hopefull for a big bang budget by the Modi govt being the first full budget. As it will set the tone for the growth of INDIA that MODI has envisioned.
There may not be too many SOPs but it will underline the intent of the govt to move towards the growth and modern futuristic India.
The markets are likely to build up in the pre budget momentum and touch 30,000 by FEB end, the rally will be in Infra, Banking, Auto, Pharma and good Reality stocks.
One can enter the market in the above sectors with a 15-20 days view for short term and 3-6 months view with a near term view.
Happy Investing
The markets have been volatile but almost flat for last 15 days now due to poor earnings. The euphoria of Delhi elections a keenly watched event has also finished now with an astounding victory by AAP.
So where are the markets heading?
The consolidation in the market post 3rd QE results is almost complete. The Greece story has also been priced in by now by the market.
The next event is the Annual Budget.
The market is very hopefull for a big bang budget by the Modi govt being the first full budget. As it will set the tone for the growth of INDIA that MODI has envisioned.
There may not be too many SOPs but it will underline the intent of the govt to move towards the growth and modern futuristic India.
The markets are likely to build up in the pre budget momentum and touch 30,000 by FEB end, the rally will be in Infra, Banking, Auto, Pharma and good Reality stocks.
One can enter the market in the above sectors with a 15-20 days view for short term and 3-6 months view with a near term view.
Happy Investing
No comments:
Post a Comment