Market This Week |
A few negative factors like the political issues in Ukraine, below average monsoon predictions have chipped in our markets. The sentiments are that of correction and profit booking which is likely to prevail till the election results are declared. Mid-caps have had a dream run from October 2013 onwards. Profit booking is likely to happen in these mid-caps which will pull them at least 20-25% down from current levels. Let’s be a little cautious and keep a low profile till the election results are declared. Do not allow profits to get converted into losses.
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