PRE ELECTION RALLY – HOW SHOULD ONE PLAY THIS THEME?
Looking at market trends currently it is no surprise that the pre election rally has started on a strong note. While nobody can correctly predict as
NSEL Turmoil & Thereby Finantech Breakdown Dragged the Stock Markets
At macro level also there was downgrade pressure as RBI kept the policy rates unchanged. This definitely exerted liquidity pressure on the banks.
QE Effect & Currency Movement Dominate the Stock Markets!!
Last week we also witnessed steep fall in Rupee and record FII outflow. This came with the FED announcement of QE tapering. This means that US bonds