Inflation has direct impact on the many sectors, like banking, Automobiles, Real estate, etc. This time WPI inflation has cooled down a bit, but poor monsoon in many parts of country still remains concern (negative) for our economy. I am positive on markets now as inflation came down, also I see banking sector to outperform nifty future in coming weeks. I also see IT sector has rallied much, from ... [Continue Reading]
Inflation Numbers Were Lower, Should I Buy or Sell Nifty Future
No doubt inflation has started to cool off and RBI is now watching inflation numbers closely to reduce the interest rates and focus on growth which was muted for some time. Inflation numbers that were released today were much lower than expected and boosted market confidence, nifty future was trading higher today, but we are not sure about the market trend. Still we are looking for selling ... [Continue Reading]