Market Pulse - 6Sep23 - Extended profit taking activities

Sector focus: With the anticipation of slightly hawkish tone from the Fed, the overall broader market could take a breather, despite the on-going positive catalysts from the NIMP and NETR blueprints. However, we like the O&G sector due to the firmer Brent oil prices. Meanwhile, under this uncertain environment, traders may watch out for value and defensive counters which pay decent dividend yields. 

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