Morning newsletter to PREMIUM Members

Capitulation in the domestic bourses could be over or near the final stages: The BSE Sensex is now trading at 52,314.34 up 716.50 points (+1.39%), while the Nifty50 is seen at 15,568.05 up 217.90 points (+1.42%). From today's trading pattern in the domestic as well as in International Markets, it seems we have either crossed the capitulation phase or on the way to breast the red tape. Photo: Outlook

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Bull 🐂 Markets, always rise from the air of suspicion and/or cynicism. The things will get clear within this week -- whether we are in for charting a new upward trajectory, in the newly mapped macro - economic - domain contoured by the RBI's policy actions or the capitulation phase is still in progress. 

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Bottomline: If you have extra cash in hand, then I feel it would be prudent to pick up good beaten down counters, for a slightly longer haul -- say 4 to 6 months or till the Deepawali lights, enchants and hallows up, the night - sky. ============= 

At this crucial crossroad, the game is perhaps all set to flower in a new beginning; as market participants meticulously watch with intense interest, how FIIs once again fashion methods and shenanigans, to infiltrate the Indian Bourses, in herds.