In the weekly newsletter issued on Monday, it was indicated that a sharp fall would be observed in Indian market by Wednesday.
Excerpt from the weekly newsletter:
INDIAN STOCK MARKET
Indian market shall be positive for the day.
A sharp correction may be seen any time by
Wednesday.
On Thursday, trend shall be in favor of market.
Market shall be negative on Friday.
Overall, market shall be slightly positive with a
bit of volatility till 14th June 2015.
From 15th onward (till ???), market shall experience a
sharp correction.
Next day, it is the RBI’s policy. A cut of 0.25 is
predicted in interest rate. After the
announcement of policy, market can react
negatively.
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