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Markets today: Mr. Mayuresh Joshi - Portfolio Manager, Angel Broking

Posted On: 2019-03-25 22:42:07

"The equity markets reacted to negative global cues which were reflected with an inverted curve in the US Bond markets and the German Bunds entering into negative territory indicating a fair probability of global recessionary conditions. Couple that up with the uncertainty related to Brexit which can cause upheaval in risk-on assets/currencies and the possible outcome associated with our general elections added to the pressure the markets were facing. So, the markets shall be taking cues from the aforementioned factors and a pragmatic approach would be to have a diversified investment strategy with a bias towards quality and a systematic and staggered rationale to reduce one's impact cost that may arise from the volatility."


Source: Equity Bulls

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