MARKET VIEW: SHIFT TO SAFETY
Nifty has now closed below the crucial support of 9200 essentially because of tension in Syria and flattish monetary policy. At these levels markets may drift lower or move in a bearish mode. Corporate results for 16-17 may not help in improving the market sentiments.
At these levels we recommend investors to shift their equity portfolios to balanced and debt mutual funds.
Research/Shift to Safety /7 / April /2017.