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Nifty @ 10000, reflection of buyout investor confidence

“Nifty’s journey to 10,000 levels is a reflection of buoyant investor’s confidence and power of equity investing. With Nifty touching, 10,000 level, we expect the investor confidence to continue supported by ample liquidity, expectation of improvement in economy, reforms, etc. There is also a hope of RBI delivering a rate cut after inflation has slowed to multiyear lows. Overall, we continue to maintain a positive outlook on the markets. At these levels, one should pick quality companies which are likely to witness earnings momentum going ahead. Smaller corrections should be used to accumulate quality companies and build a robust long term stock portfolio. We believe that Indian economy has a strong potential and equity investing will not disappoint the investors in long term.” 

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