Monday, August 22, 2011

Morning Market View 22nd August 2011


Markets are now in a confirmed bear, arket. Though we are due for a pullback rally or some consolidation around there levels, yet negative. For a long term investor though it makes sense to keep nibbling at stocks on all declines. Prefer fundamentally well established companies enjoying leadership position in their respective segments and carrying comfortable levels of debt on their balance sheet.

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