Post GST, the appointment of new RBI Governor and a good
monsoon, there is no trigger that is likely to impact the market significantly.
The market may, therefore, witness some profit booking in the short to medium
term though the long-term bull market scenario remains intact. The market has
not reacted sharply to the announcement of new RBI governor who is by and large
expected to follow in the footprints of Raghuram Rajan, keeping inflation in
check as the main objective for future policy pronouncements.
No comments:
Post a Comment