Bears continue to fortify their strangle on our markets. In the near term weakness is likely to persist. For traders and active investors any bounce back may be a good opportunity to reduce exposure. With crude and commodity prices easing, inflation may get curbed to an extent. This is one silver lining which may help arrest the selling pressure emanating from overseas investors. Valuations are again attractive and for long term investors this is a good opportunity to accumulate quality stocks.
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