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Thread: S&P downgrades US credit rating from AAA - What for Indian equities?

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  1. #1
    PolicyWala Member
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    I would pick JWS, Yes Bank, ICICI Bank and Reliance in the current down fall. Happy trading!!

  2. #2
    PW NewsDesk NewsDesk's Avatar
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    Default Goldman Sachs upgrades India to 'market weight' from 'underweight'

    Goldman Sachs on Monday upgraded India to "market weight" from "underweight," given a likely turn in the macro cycle, lower oil prices, lower valuation, and policy reform.

    "The latest move by the RBI to raise the repo rate by 50 basis points was a clear sign in our view that the central bank is vigilant in bringing down inflation expectations," Goldman said in a note.

    Source - economictimes.com

  3. #3
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    Is it right time for small investors like me to enter into the market?

  4. #4
    Moderator Rahul's Avatar
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    Quote Originally Posted by waves80 View Post
    Is it right time for small investors like me to enter into the market?
    If you see the comment above your comment, Goldman Sachs upgraded India rating, so no need to worry and for small investor, I would suggest to invest in MFs not directly in shares that too via SIP mode.
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