Stock market analyst, Vishwas Agarwal warned the investors to stay away from the stock market as it is trading in a negative mood.

Mr. Agarwal strongly recommends the investors to adopt wait and watch policy.

Today, the 30-share index, Sensex, continued to trade weak and touched a low of 13731.54. Reality, IT and Banking stocks led the declines.

Midcap and Smallcap declined 0.81% and 0.74% respectively

At 10.57 am, the BSE Sensex declined 149.92 points at 13,956.66, while NSE Nifty stood at 4,173.00, down 18.1 points.

The market breath is negative as it experienced 588 advancements as against 1522 declinations.

Mr. Vishwas thought that the result of three major events viz. RBI raising CRR and Repo rate to curb inflation, FED meet in USA, and UPA meet with left party on ‘N’ deal, could possibly have a negative impact on the market.

“Investors for medium term can buy 25% of the amount which they want to invest as RBI action will ultimately help in medium and long term to control inflation,” he added.