Moneycontrol
Last Updated : Jan 09, 2018 09:16 AM IST | Source: Moneycontrol.com

Markets@Moneycontrol: Will the party on D-Street continue today?

Any major disappointment in the earnings seasons especially with TCS or Infosys could weigh on D-Street sentiment in the short term.

It looks like there is no stopping this bull market, will the rally continue?  Well, in all probability the numbers seem to suggest that the rally would continue. We might just hit a fresh record high in today’s session as well.

But, any major disappointment in the earnings seasons especially with TCS or Infosys could weigh on D-Street sentiment in the short term. Analysts are advised to stay long as long as Nifty holds 10500 levels.

Firm global cues and upbeat credit growth data provided much-needed booster to D-Street on Monday but it is not advisable to deploy fresh capital at current levels. Investors could wait for some correction before putting in fresh capital to work.

For more, watch the Markets@Moneycontrol show. Moneycontrol analyst Shishir Asthana speaks to Anchal Pathak about the markets trends to look out for today.
First Published on Jan 9, 2018 08:50 am
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