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Nifty has failed to sustain above 9200 following the rising geopolitical risks and in anticipation of muted corporate earnings. Markets are at high valuations, earnings may not be above expectations, impact of GST and other reforms will take time to get reflected in economy, and most of the positive events have been discounted by the markets. We recommend investors to have a cautious view on markets.   



Research/Invest Cautiously/21/ April /2017.

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