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Dalal Street of India Over Reacted Post India Surgical Attack - Sensex is Bound to Recover

Post the announcement by Indian army that they executed successful surgical attack in PoK, Indian sensex slipped into red in fear of retaliatory action by Pakistan.

Investor should understand that Pakistan army in their press release mentioned that it was firing at LoC and no surgical attack happened. It indicate that Pakistani army don't want to accept that it happened and subsequently accepting indirectly that they are harbouring terrorist in their soil.

The press release puts them in a situation wherein they won't be able to justify their retaliatory action.
Given the above fact investor should not panic and use this as an opportunity to keep accumulating equity of their choice.

The start of holiday season in India will give an opportunity to Indian companies to generate good profit post very good monsoon this year as it will bring rural sector buyers back into the market.
Yesterday Reliance communications, Ashok Leyland,  BHEL share price went down whereas Adani port in  its downwards mode only.

It's an opportunity to grab these equity at barging price.
Any positive trigger will lead short covering and investor may make good 15 to 20% in short term.
Indian equity market is bound to recover and it may take few days and hence use  it as an opportunity.
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About Devendra Prasad

20 years plus industry veteran of domestic and international ICT domain with the expertise in Business, Technology, Strategy and Analysis. Specializes in forecasting impact analysis, trends and recommendations for Investments, Technology and Regulations.
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