Profit booking happening in Asia markets

Profit booking happening in Asia markets post rally happened in past few days.

Even market is expecting FED rate cuts will not happen soon.

Moreover before going on holiday to Christmas holidays, people will sell their shares not to take risk during holiday period.

Hang Seng market related to Hong Kong tumble by 0.94%. Nikkei 225 index tumble by 0.88%.

Nifty 50 trading flat and just down by 30 points.

Mainly avoid midcaps trading at high PE ratios. During market fall they will tumble sharply.