Nifty Calls given on sms only for paid memebers
US Markets are trying to settle down from a mini-Goldman Tsunami that tried to threaten the bulls. After hours tech giant Apple Inc hit the market with stunning numbers sending the shares higher.
Asian markets are currently trading higher on positive global cues and higher energy prices. RBI finally hiked interest rates, inline with expectations much to the relief of investing community. But the underlying strength is still missing and this month F&O expiry might be extremely volatile.
While tech sector in India too is showing highly positive momentum for the next 2-3 years, Realty is still not out of woods. Unitech's de-merger might show some interest in the stock. Midcaps continued to run and we attribute majority of it to operator driven moves. One should be extremely catious in dealing with such securities.
A correction is good for the health of global equity markets and it is hard to come. The more this gets pushed up the chances grow high for a mini-bubble. It is better to trade these markets instead of investing for short term. Long term investors can still call the shots