This is historical comparison of CPI . There is no denial we have increased from forecasted value. But the increase is comparatively so small.
Markets (Spx / Stocks etc.. tends to act in fear ) , hence there is a volatility.
We will see market to turn back up, and start doing good in a day or so.
Pressing panic mode on your portfolio is not recommended here. Let this fundamental news gets digested and let people come to know that we are doing good overall w.r.t CPI , they kick start the trend up!
@market
Markets (Spx / Stocks etc.. tends to act in fear ) , hence there is a volatility.
We will see market to turn back up, and start doing good in a day or so.
Pressing panic mode on your portfolio is not recommended here. Let this fundamental news gets digested and let people come to know that we are doing good overall w.r.t CPI , they kick start the trend up!
@market
๐1
Those who are trying to short Indian markets , BEWARE. NIFTY is very very bullish. All call writers going to be liquidated as , open interest towards put writting is increasing .
Given the kind of momentum , NIFTY Index gained even Global markets fall, shows it's strength.
Try to have call (buy) side position, dip is for buy!
Good luck @market
Given the kind of momentum , NIFTY Index gained even Global markets fall, shows it's strength.
Try to have call (buy) side position, dip is for buy!
Good luck @market