Risk is on onces again. With slowing down of US job growth , and global concerns about the growth of china increasing , its unlikely that the Fed will raise interest rates this year.
The markets celebrated this 'good' news and moved up.
The Indian central bank has also started reducing interest rates to spur growth . With lower oil price and consequent lower inflation there will further room for RBI to reduce interest rates in future.
This upswing gives us an excellent opportunity to reshuffle our portfolio and move to quality stocks .
If you have any specific enquiry about any stock , write to us and we will analyze the same in our stock market update . What are your thoughts on this upmove ? Will this rally continue ?