Market likely to stay range bound for some more time. Chances of a break out on the higher side are increasing as pessimism is ensuring under ownership at least amongst Indian Investors. Some relief on inflation or some important reform announcement from the government could be the trigger for the break out. Anyways at least till the time the break out does not happen it is best to have a stock specific approach. Companies having strong leadership in their respective segments and good cash position should be the preferred bets.
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