Tuesday, November 8, 2016
Dr.VM's MARKET PERCEPTION
DEMONETISATION OF 500 AND 1000 RS. NOTES
Market has reacted sharply for the demonetisation of Rs.500 & 1000 notes. This is a God given opportunity to buy good stocks for long term. The index has moved in to an extremely oversold condition. There is bound to be a sharp up move . If the investor is cash rich then they can consider slow accumulation of fundamentally strong and low dept companies. Century Enka , Vardaman Acrilic, Yes Bank , City Union Bank etc. to mention a few.