Market is going down due to worst Covid Situation in China, Japan, Taiwan and other countries, and a fear of global recession. If Covid Situation improves the fear of recession will also not be there.. Market may further goes down to 17500 & 17200 level.
The segments worst hit will be, Steel, Mining, Power, Banking, you may get some relief in Pharma Stock, FMCG sector may be stable. So don't buy any stock for investment purpose.. wait and watch till 15th January.
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