The Nifty has opened flat to lower levels. It is obvious with the last week's closing we can see lower levels, during the day before any serious buying comes in.The bank nifty could see lower levels too, and now below the crucial 13,000 level. Axis bank is propping the index up with some support from other banks but most of them are pulling the index downward.Option premium erosion has not begun, if the market becomes listless we could see some serious erosion happening soon enough.
Time has come for people to become pragmatic, and really evaluate as to where this elections are heading towards. All does not look as simple as it seems. Faults and cracks have begun to appear , and the result will not be as forthright as it thought to be.
Time has come for people to become pragmatic, and really evaluate as to where this elections are heading towards. All does not look as simple as it seems. Faults and cracks have begun to appear , and the result will not be as forthright as it thought to be.