The S&P BSE Sensex has managed to rally nearly 30 per cent so far in the year 2014, outperforming other emerging market peers in the same period. The rally, however, is still not over yet and investors with a minimum of three-year horizon can look at investing at current levels.
The S&P BSE Sensex has managed to bounce back nearly 800 points in a matter of just two trading sessions, after falling over 1800 points so far in the month of December. But further consolidation is expected in the first half of 2015.
"The market may consolidate at this stage as everyone will now watch out for a possible earlier than expected rate hike by the US Federal Reserve. Earlier most investors and analysts were expecting it to happen in the later part of 2015, but whatever indications we get, it may happen early,"
Our is of the view that if you are an equity investor and can invest with one to three year perspective, then still it is a good market to invest.
The Sensex managed to reclaim its crucial psychological level of 27000 in trade on Thursday and the 50-share Nifty index also managed to reclaim its crucial psychological level of 8250 earlier in trade on Friday.
The S&P BSE Sensex has managed to bounce back nearly 800 points in a matter of just two trading sessions, after falling over 1800 points so far in the month of December. But further consolidation is expected in the first half of 2015.
"The market may consolidate at this stage as everyone will now watch out for a possible earlier than expected rate hike by the US Federal Reserve. Earlier most investors and analysts were expecting it to happen in the later part of 2015, but whatever indications we get, it may happen early,"
Our is of the view that if you are an equity investor and can invest with one to three year perspective, then still it is a good market to invest.
The Sensex managed to reclaim its crucial psychological level of 27000 in trade on Thursday and the 50-share Nifty index also managed to reclaim its crucial psychological level of 8250 earlier in trade on Friday.
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