MARKET VIEW: INVEST SELECTIVELY
Markets have not been affected by geopolitical issues and there is a low probability of its escalation in near future. GST has been taken positively by the markets though its full impact would be known in next 2-3 quarters only.
Next major trigger will be corporate earnings that would start from next week. There is not much expectations from results due to demonetization and initial GST implementation issues and markets may remain range-bound between 9400 – 9800.
Investors should stay invested with a cautious view. They should avoid small caps and focus on large caps, diversified, and balanced funds.
Market View: INVEST SELECTIVELY /07/ July /2017.