Going forward, with the much awaited tax reform GST finally having been rolled out, the market focus would shift to Q1FY18 corporate earnings (likely to start from second week of July). Volatility is expected to remain high across sectors and stocks as the extent of impact of GST on corporate earnings is not clear. Post-GST trends in inflation, progress of monsoon and global developments (crude prices, currency movement, etc.) are some other factors, which will be monitored closely in the near term. Systematic investing in equities with a stock-specific approach at the current juncture is most advisable, as the medium-to-long-term India growth story is unlikely to change trajectory anytime soon.