Indian stock market opened high. But after some time some profit booking seen in Indian bourses. Markets are volatile now. It is believed that consolidation has been taken place in the market.
Both sensex and nifty will remain in 17,000 and 5000 level respectively. Telecom stocks are under axe now also. SEBIs announcement to check audit issues of Rcom is another blow for telecom companies.
In short term Midcap and small scrips would witness buying interest by FIIs and DIIs. Now this would be a lottery for the small scale investor.
Bank onb every opportunity is the call of the hour.
sensex, market,opportunity
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