The markets have moved up sharply, an almost 20% rise in less than four weeks, especially after the September 18 Fed cut. The rate of the rise or run up in the market was a bit of surprise and a bit of worry for us. The correction that we have seen is not really that large in the context of the rise that we have seen. To that extent, we are still bullish on the long-term India story. One would use any correction to buy at a gradual pace.
As i already told yesterday market may be down 400 point tommorow.It all happened.
Now crucial day for Thursday,and Market will highly float at higher level on thursday.Heavily buying by FII on wednesday may be continue on Thursday also.On thursday Good Reliance result may put new record on nifty.
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