We still maintain our stance that the trend is volatile and pullback rally is in offing and selling may emerge. Hence trader needs to be cautious at current level.

Dear Trader… As expected markets were trading highly volatile during the day, as traders got anxious with Fitch’s statement that India’s medium-term growth outlook will assume a more critical role in sovereign assessment due to higher deficits and a slower consolidation path, in our last note, we had only mentioned