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We have turned neutral again but a decisive move is coming
When crude oil prices were around US$107 some time in the middle of March, in its run up to US$147, the Sensex at 16,000. At the time of writing this piece, crude is below US$107 and yet the Sensex is at 14,500. A sharp decline in crude prices (since the middle of July) has caused the Sensex to rise 23% from the bottom but the market...
