Next week is crucial not only for US market but for global market. 18th Sept will be make or break day. Though Fed cut is expected, debate is over whether it is 25 or 50 basis points. Normal expectation is Fed may cut rate by 25 basis points, but it will have minor impact.
If some things goes wrong, Indian market like other global markets will not be spared. But investors with long term view need not panic. Consolidation will provide new investment opportunity for fresh invetors or for taking fresh position.
Earning season is near and market is almost closer to all time high. Sequential fall in production index level over the past two months have raised fears of an industrial slowdown. The country’s infrastructure sector growth is slowing down too, posing more questions over the India growth story.
Market is trapped between the levels of 15350 and 15716, it may drift slowly before making new high. Possibility of correction is more than another bull run.
Long term outlook is good compared to next one month. Market will continue to grow after consolidating with regular intervals.
If some things goes wrong, Indian market like other global markets will not be spared. But investors with long term view need not panic. Consolidation will provide new investment opportunity for fresh invetors or for taking fresh position.
Earning season is near and market is almost closer to all time high. Sequential fall in production index level over the past two months have raised fears of an industrial slowdown. The country’s infrastructure sector growth is slowing down too, posing more questions over the India growth story.
Market is trapped between the levels of 15350 and 15716, it may drift slowly before making new high. Possibility of correction is more than another bull run.
Long term outlook is good compared to next one month. Market will continue to grow after consolidating with regular intervals.
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