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Fed rate hike has interrupted the uptrend and there may be a minor correction up to 9400 but major trend reversal will be only below 9200. Any such correction would give entry opportunity to investors.

Good monsoon, low inflation, and improving IIP would provide support to market at lower levels. And if GST rollout is smooth, it would be a big long term positive for markets.

Investors should stay invested in balanced funds.




Market View: MINOR CORRECTION /16/ June /2017.

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