Dear all
About 10 days back we saw 25 pages list of 52 week low, now it is around 5/6 pages, indicating that stocks are seeking lower levels .
We discussed few weeks back now it flow of funds will have more importance compared to fundamentals
Prevailing sentiment has created negativity among investors thus which may lead to lower inflow of funds to DII, it is possible that dii funds inflow may turn lower & pipe line of investing may get dryer or even negative because sentiment do overpower .
There is also fear of LTCG period may get extended
FII flow to remain key factor of hope,
Tax free bonds attracting good attn and sucking liquidity of market , NHAI bonds rate is 7.69 %, which likely to get fairly good response on very first day it seem.
There is global slow down in demand , companies having higher exports like chemicals / textile /leather etc one need to take due care.
Metal /steel/forging already facing problems .
Engineering infra facing funding issues.
We know state of banking .
Capital good facing slow down .
Thus investors need to be very selective .
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