The bull run in Indian market is not over. This correction may further strength the market. The correction & consolidation is not over yet. Market may go down up to 7640 levels, if 7997-7990 level breaks.
Mansoon worries & other causes are only seasonal. Indian market has the power to withstand above these.
Investors has to be stock specific. Stock like SBI, Axis bank, Maruti, Bajaj auto etc are has good valuation now. For the time being investors are advised to stay away from ICICI Bank & Tatamotors
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