Is the worst is over? Are the markets going northwards? Is the right time to invest? If so what are the stock and sector us should prefer?
These are the million dollar questions for every investor.In my sense, worst is not over. Both micro and macro numbers are not good.
Strictly speaking, there is no such 'positive news' for the market in the near-term even evaluating ourselves, basing the following points:
1. Industrial growth slow - down
2. Inflation is at 6month high
3.Raising Crude prices
4.Drop in GDP growth
5.Upcoming budget favors to people not the market
6.US recession signals
7.FIIs Turing net sellers in Markets(inc. India)
8.Govt to face elections within a year, means subsidies cost will grow.
9. Raising rupee hitting the exporter’s
10.Nuclear deal in the bumpy road.
So many so manygovernment may not be able to regulate the above at this point of time, bcoz FM will start thinking about the welfare of the public due to the alarm for elections already rung.
Out of my predicted points still the macro number coming lot of disappointment, so this is not the time to buy. There may be consolidation or still worst is left in the market.The fresh funds from the FIIs are not seen in this year when compared last couple of years for the same period. So, liquidity too affecting the sentiment better to look to expose much to debt instruments till the micro and macro numbers favors.
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