We had predicted markets to be bullish in first half of September despite rising geopolitical concerns across the globe. Nifty50 was only 5 points short to its all-time high and earned 1.7% in 12 trading sessions. This is calculated on Nifty close value.
We expect Indian stock markets to witness bearish trend until the expiry of September derivative contracts.
Shefali Sahita, CFA
SEBI Registration No. INH000002566