Interest rate ticks up after 4 years of going down & industry not benefiting from the falling rates. Light at the end of the tunnel for the bank NPA’s which should make banking the next attractive sector for investors.
Crude Oil & Currency along with Forex reserved posing a catch 22 situation. Election year challenges to the ruling BJP as duties on oil could not be brought down.
Additional margins on 109 stocks bring high volatility in the markets affecting Mutual Funds & portfolio managers. Balanced Advantage & Dynamic mutual funds have become best bets for the next 1 year. Good time to review investments and move out of bad ones.
Comments