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MARKET UPDATION


Dear Friends,

Contrary to assessment on the market given a few days ago, market is ignoring / seems to have factored in the negative and thus adding to its numbers. Though, negative like Fed rate hike is to take place, FIIs are on the in the exit row - still market is maintaining uptrend.

My suggestion would be to :smile:

Park 25% to 50% of total amount planned to be invested.

Rest of the corpus can be kept as reserve. Should the market correction in the coming fortnight or so, the reserves can be utilized to average on the already bought (funda good stocks). I guess that would be the right strategy in current market scenario.

Though, I leave it to your personal judgement. These are just my personal views.

Med to long term story of India is absolutely intact.

Tilak
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