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Pick Of the Week – Endurance Technologies

It has been a tumultuous and volatile market, in the recent past. US China trade tensions, rising crude prices, depreciating INR, debt market liquidity crisis impacting the NBFCs, IL&FS issue etc. have been responsible for the market correction. The gains made in last one year were wiped off in the last two months. Looking at near term, the issues responsible for the correction in recent past are not behind yet. The markets would be keenly watching a) How China would handle the trade war with US, b) Crude oil supply scenario would be clear after the sanctions on Iran are imposed by 1st week of Nov.’18, c) Liquidity issues faced by the market in wake of IL&FS saga etc. The outcome of these events would decide the course of markets in near term. Read more


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