Domestic Issues For Next Week

In the previous issue TrendCalls Team wrote about markets consolidation & the sideways movement we will have to bear for quite some time. What we wrote was made evident by markets. The interest rate hike in China will have bearing on our markets also specially commodity stocks, But in medium term it is positive news if commodities correct as India & China both are big consuming nations of commodities & any slowdown or correction in commodity markets should have a positive impact on our consumers as inflation will cool down which in fact would be very positive for equity markets. Another big problem faced by domestic markets are food inflation & there is nothing that RBI can do about it as it is supply related problem & Government policies are the root cause for it.

Views Given By TrendCalls Team