In my view Friday’s fall was triggered by people dumping all NBFC stocks just because one of them had liquidity issues...all NBFCs and housing finance companies are not having liquidity problems.Forced liquidation due to margin calls, increased F & O margins,Yes bank problem also magnified the intensity of the fall.The lower levels were rejected quickly and the market recovered.We may see slow sell off again but everything is not bad with our markets.I bought my favourite stocks on Friday at attractive levels and I feel happy about it....
Smart_trade
Smart_trade
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