Deepak Shah Quotes (3 Quotes)

The market mood has been boosted by hopes that most of the corporate houses will unveil better than expected quarterly earning numbers in the weeks ahead.

Although the market closed with a loss of over one percent on Friday, investors are taking a positive view of heavyweight new as well as old economy stocks.

The stock market is heavily into overbought territory and a correction at this stage would be good for the overall health of the bourses. A correction at this level will give long-term investors to consolidate their gains before taking up fresh positions in the days ahead. Retail investors should adopt a cautious approach in the days ahead.