Market may remain choppy
...If you never try then you'll never know
How long do I have to climb
Up on the side of this mountain of mine
The bulls seem to be unstoppable. Records are being broken, mountains are being conquered. The corporate numbers, which have been extremely good have helped the Sensex to remain comfortably atop the 14k mark. With many key results out of the way, investors must be wondering where do we go from here? How long will the indices climb?
Well, for the near term, consolidation will continue for a while. The market may remain choppy and stock specific at the moment, investors should remain alert at all times for any unforeseen event(s). Inflation concerns have started to have its bearing as well. RBI's monetary meeting later this month will also remain on the minds of investors. A lot will depend on expectations from the budget. But all said and done, the markets have the habit of charting its own course and will throw its share of surprises. It no longer relies pre-set triggers for movement.
Colgate, Dr Reddy's, India Cements, J&K Bank, Kotak Mahindra Bank, Maruti, Polaris, Yes Bank, Adlabs, BEML, ZEE, Cipla, Glenmark, Bombay Dyeing, BHEL, Century Textile and M&M are among the major companies, which will announce its quarterly numbers