While midcaps stocks are enjoying their time on dalal street, Indices are in no rush to beat the previous highs. US markets on the other are looking very weak with the current quarter's numbers already discounted in the stock prices.
Indian indices outperformed the global markets and rightly so, given the strength in the macro economic environment. But investors should keep in mind that the current global correction might not give a major boost to our markets with a limtied downside.
RBI rate hike might act as another catalyst for bears. Keep an eye. We suggest not to go all out in F&O segment and to protect your positions
Nifty above 5420 is strong