STOCK DOCTOR
dr gs sood
THE market is likely to witness heightened volatility in
the short to medium term amidst global uncertainty and pending domestic issues.
The postponement of the Federal Reserve decision to hike rates has not done
anything good to the world markets, including India. Moreover, the forecasts of
most analysts about government policy and corporate earnings have been way off
the mark. For instance, implementation of GST is likely to miss the April 2016
deadline. Corporate earnings for the April-June quarter remained subdued, and
are likely to remain so for another couple of quarters, with the capex cycle
not likely to pick up anytime soon.
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