Edelweiss AMC 's Investment Advisory Group - Head Piyush Chadha says that the market boom of the past few days is just a short recovery. So keep an eye on the market to invest in the shares could be better. Indian markets are expected to be currently in scope.
Piyush Chadha believes that interest rates and the global economy does not improve as long as the markets will not come up. Further declines in interest rates if the private sector banks and NBFCs are advised to invest in stocks. Interest rate cuts will benefit the most cap bank stocks. If the Nifty to 4800-4500 levels would be extremely attractive valuation. So, every long-term investor buying at these levels should adopt the approach.
STOCK MARKET CALLS | NIFTY OUTLOOK | ANALYSIS 28TH JUNE 2012
NIFTY OUTLOOK FOR 28TH JUNE 2012
NIFTY SPOT LEVEL
TREND – BEARISH