|Market This Week
||Historically the first two weeks of January are always good for the market. Given the current trend we are in and the RBI likely to ease rates in its January monetary policy and also companies declaring their Q3 numbers the Nifty is likely to hit a level of 6,100-6,150 by middle of January. Also fiscal cliff issue will be a key factor for the market to continue moving next week. If the issue is resolved then we will have a good rally from there and the month of January should be extremely good. If not then we will have a downside 100-150 points on Nifty.
The last year, market saw a very sharp run where it clocked a rally of 25-30 percent. Stocks of more than 400 companies have given 40% appreciation. There is a clear trend of economic recovery and improving sentiments. Investors are in much positive state of mind than they were a year ago. Things can only get better from hereon. In 2013 the market may give 10-15 percent return, but individual stocks will give us even better returns. Historically its seen that if market gives 10-15 returns then individual stocks could give an average return of 40%. Our job is to identify and put our money on those stocks. Wish you all a great year ahead. Congratulations to all our clients for whopping returns this year!! We will continue to impress you this year too.