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Matthew 7:7,8 Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you: For every one that asketh receiveth; and he that seeketh findeth; and to him that knocketh it shall be opened.

27 Dec 2015


Hi Friends,   Outlook  -   Share Market   2016  -     The domestic benchmark equity indices – Sensex and Nifty – ended the month of November 2015 in the negative territory , correcting by 1.9%  and 1.6%, respectively.  The Federal Reserve has already increased  interest rates by 0.25 bps in December, 2015 as perceived by the market sentiments.  In November, 2015, among sectoral indices, the top two gainers were the BSE Consumer Durables Index and the BSE  Auto Index, which rose by 5.0% and 4.4%, respectively.  Among the top losers were the BSE Healthcare Index and the BSE Realty Index, which fell by 9.8% and 2.0% , respectively.  Foreign Institutional investors  (FIIs) were net sellers  in Indian equities to the tune of Rs.7,074 Cr. and Domestic Institutional Investors (DIIs)  were net buyers in Indian equities to the tune of Rs.6,548 Cr. for the month of November 2015. 

During the month, the BSE Midcap index has outperformed the broader market indices.  It is believed that the mid-cap companies having strong fundamentals have the potential to outperform the broader market,  going forward as well.  It is expected some volatility in the market, ahead  due to the after effect of interest rate hike in the US.  However, any positive outcome in terms of passing of the Goods and Services Tax (GST) bill in the session of the parliament would be a positive for the market.  Further, declining interest rates, lower current account deficit and expectation of a stable currency would create positive sentiment for market.  Fundamentally strong mid cap shares may be picked up and invest for long term for 100 to 200% appreciation.  Most share analysts are predicting that 2016 will give minimum 20% appreciation.
Good Luck.                                                                   See You Later.

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