Sachin Karpe has been keenly observing market trends since
past few days and here are some of his observations about today. Constant
profit-booking has again caused markets to open with a slide; all driven
by the start of new F&O contract. Earnings season will kick off with Infosys declaring its results. If analysts’ words are anything to go by, this quarter is one of the weakest in a long time, raising speculations on mild performances from companies. This could result in heavy volatility, Sachin Karpe feels.
by the start of new F&O contract. Earnings season will kick off with Infosys declaring its results. If analysts’ words are anything to go by, this quarter is one of the weakest in a long time, raising speculations on mild performances from companies. This could result in heavy volatility, Sachin Karpe feels.
The RUPEE
would look at maintaining a brave face in the 62-63 zone, lest sharp reversals
from the gaining USD could make things difficult for the RUPEE to hold its
ground, Sachin Karpe predicts.
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