Om Nama Shivaya.
Please find my monthly prediction for Indian stock market, starting from the month of November 2017.
- The month of November 2017 will see much action in the Financial space sector.
- BFSI space will see new listings, IPO’s and much positive news cheering the mood of the market.
- Banking index will see positive movement in most of the month.
- Action in the 2nd and 3rd week of the month will be seen in the Financial, Media, and News sector etc.,
- Towards the end of the month, industries in the space of steel, metals, Construction and Consumer industries, Pharma, equipment manufacturing sector etc will see some action. Earnings will be good. One can plan investment strategies accordingly.
- An occasional rise will be seen in the dairy products.
- Investors will look for profit booking.
- The government will likely bring clarity to the recapitalization of the public sector bank.
- More domestic investor money will be poured in through Mutual Fund and Institutional investor route.
- FPI investors will be fluctuating.
[Disclimer: The above prediction is merely an indicative reading. Based on Planetary movement the above readings are provided. Readers are advised to consult their personal advisor to act in the market, accordingly]