lead
RRFinance_loader
Skip Navigation Links RR Research

Get free RR Research Newsletters-


MARKET VIEW: Stay invested – Stay Cautious

Markets have bounced back after being hit by geo political issues and worries on GST collections. China and North Korea issues are no more on danger radar but GST implementation success is still uncertain. If GST collections in future are not as projected, it will seriously impact fiscal deficit, interest rates, and sovereign ratings in the long run. So we recommend investors to remain cautious.     

Technical analysis indicates that immediate major support is at 9700. For the long term trend to reverse, Nifty has to sustain below 9450.

Existing investors should cautiously stay invested and fresh investment should be made in balanced or debt funds.

 

 

Disclaimer:

Market View: Stay invested – Stay Cautious /01/ Sept /2017.


RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

Landline Number
+91 11-4444-1111

Customer Care
+919350316010

Security

Follow Us


SEBI Registration No: NSE Cash: INB231219636 | SEBI Registration No: NSE Derivative: INF231219636 | SEBI Registration No: BSE Cash: INB011219632 | SEBI Registration No: MCX-SX: INE261219636 | SEBI Registration No: NSE Currency: INE231219636 | SEBI Registration No: USE: INE271219631 | SEBI Registration No: CDSL: IN-DP-CDSL-3242005 | NCDEX Membership No: 00635 | MCX Membership No: 28850 | NSEL Membership No: 10650 | RBI Registration No: NBFC: N-14.03215 | IRDA Registration Number : CB-066/03 | AMFI Registration No : ARN -0032| SEBI Registration No: Merchant Banker: INM000007508


* Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.


© 2022 RR Investors Capital Services Pvt. Ltd | All Rights Reserved.

Empty Cart