Deepak Shah
![Deepak Shah](/assets/img/authors/unknown.jpg)
Deepak Shah
beginning clearly correction fall market stock zone
The stock market was clearly in the overbought zone and a correction was long overdue. I think we should look at today's fall as the beginning of the correction process.
budget budgets major market relief surprises
The budget didn't have any surprises for the market and this has come as a major relief for investors. The market doesn't like surprises.
added consumer correction fast foreign global investors market metal moving selling weakness
The correction has been triggered by large-scale selling by foreign institutional investors in sectors like metal and fast moving consumer goods. The weakness in the global market has also added to the pressure.
budgets hike increase investors moderate
It is a very moderate hike and investors had factored in an increase before the presentation of the budget.