Hello Everybody, the Monsoons are late causing anxiety in the Economy. The Markets were in a very good mood after Modi became Prime Minister. Most experienced Investors have already booked profits, and sitting on the sidelines. Many Stocks, have fallen except for a few which seem to be detached from Market moves due to the distinct Fundamentals of theirs. Eg..ITC, Pidilite , Rallis India are such shares were, you would have made a lot of money even if you had purchased these shares in June or May.
The Economic survey of the Nation has been released today which talks about Uniform GST which is long awaited and the distressed sectors like Textiles, have been talked about. Tomorrow ie 10th of July is the union budget the first budget of our new Prime Minister which is going to be presented by the new Finance Minister Jaitley. The Markets have reacted as profit booking has taken place due to the uncertainity of the Budget and it was also overheated. WAIT AND WATCH HAPPY INVESTING AND TRADING.
