Due to the news coming out if USA SEC alleging Goldman Sachs for misleading in one of their fund,market may tank in morning.Our RBI has also increased the repo rate after market hrs on Friday and that can also add fuel to fire but I feel that it would be prudent not to panic and buy in any dips that will come.
Buy stock which have sound fundamentals and one missed to buy it ....these are golden chances which comes in ones way and one need to take advantage with both hands....
I am not seeing a very big correction in offing for these news atleast.I think I read somewhere , perhaps in ET that some put has been bought and some Nifty was shorted at Nifty 4800 and that was from Goldman Sachs.
That can have some ripple effect and market should and will go down on Monday.....but that should not dent the rally or Bull run of this year.Most probably we are going to see new highs and cross the previous high as well......
The below two posts shows that Pension Funds are here to stay for long.There is no avenue left in world except India to park their funds.FII's have already invested Rs 25,000 cr in first 3 months and I think that the figure should cross the last year investment from FII's in our market.
FII's invested $17 bn last year and this year it can be more than that.....With China RealEstate sector becoming more susceptible for International players...India is at advantage.....
Nifty or Sensex may remian range bound but selected MidCap/SmallCap can give big returns.The trick would to identify them and have conviction to buy and hold them......
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