Nifty 50 index has been trading sideways for almost three weeks now. It seems to be facing a temporary halt after a period of outperformance
As an investor, our job is not to fund a company's growth but to effectively get a return from the company, says Oldbridge Capital's Kenneth Andrade
July series may also be volatile, however, agro-chemicals, monsoon focussed stocks and chemicals will be in focus, says Equity 99's Rahul Sharma
Market started the June series with some long positions and the bulls continued to control
Domestic equity markets are likely to begin first trading session of the July derivative series on a flat-to-positive note amid favourable global cues
Currently markets are trading sideways and therefore a better strategy for investors is to remain stock specific and not trade the indices
The S&P BSE Sensex closed 282.63 points or 0.54% lower at 52,306.08, while the Nifty declined 85.80 points or 0.54% to 15,687
Trading could be volatile as traders roll over positions in the F&O segment from the near month June series to July series.
The markets are in a consolidated phase, where we are seeing a range-bound move continuing from the last couple of days
Monsoons are progressing well and this also augurs well for the markets going forward, says Rahul Shah of Motilal Oswal Financial Services