After 5% fall in 4 days, will Nifty stage a sharp rebound before Budget?

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After 5% fall in 4 days, will Nifty stage a sharp rebound before Budget?
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, ETMarkets.com
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Synopsis

“This decline of Nifty of around 800 points from the top ought to be seen as a healthy correction and an interim consolidation phase before the markets begin the next leg of movement,” said Pankaj Pandey, head of research at ICICI Direct.

ETMarkets.com
Since April, the equity market has shown good capacity to bounce back strongly after every sustained period of decline, helped likely by the abundance of liquidity and several investors waiting on the sidelines to “buy-the-dip”.

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6 Comments on this Story

vishwajit jha1 hour ago
Thursday will see another blood bath at D street ,why !just wait to see.
Padmanaban Gomathinathan1 hour ago
false analysis small investors to save their skin
Gaurav2 hours ago
The Psychology of Money:
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