Post correction recovery in the markets after LTCG, bond yield rise, Crude oil price rise, Banking Scams and Election Uncertainties. Next direction following one more correction which will form the base. The advantage position we have after markets have corrected close to 10%.
Government asks OMC’s to take up burden of crude oil price increase by Re. 1/- per litre. This is not a good decision, when crude prices dropped, they brought in duties to take advantage of the gains and filled the government kitty. That was a good decision because small...