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Electoral Bonds Verdict Uncertainty!! (12th March 2024)


1. U.S Markets closed mixed yesterday.
2. Right now , Dow Futures are higher
3. Asian Markets are higher right now.
4. Gift Nifty is up 40 points now.
5. There have been many warnings raised on the small cap valuations and one way rally.
6. Also many concerns have been raised on SME stocks manipulation. 
7. Due to all this , Small cap index has had a healthy & silent correction of 9-10% from it'd peak.
8. Many stocks have corrected even more.
9. One can start accumulating their favourite stocks from now.
10. Secondly , this Electoral Bonds issue is also causing uncertainty in the markets.
11. Markets can handle good news , the bad news but markets cannot handle Uncertainty. 
12. Whenever markets are uncertain,  we witness a fall in the markets.
13. 22250 to 22500 is the range for Nifty currently.
14. Nifty is likely to be expected to trade within this range for a while now.
15. To be really honest , I don't think the Electoral Bonds issue can cause a big havoc in the markets.
16. These are all political gimmics and common man is only made a fool.
17. Some companies name might get revealed & that might effect stocks prices at max.
18. Don't feel it would effect anymore.
19. Nifty might trade between 22250 to 22500 today

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