Take a Long View

The past few weeks have seen high and rampant double-digit inflation not seen since the mid-1990s rearing its head again. The market has, expectedly, mirrored this. At the time of writing, the Sensex stands at 13,964 having violated the long-term primary trend-lines, which we get by joining the points 6,154 (29 May 2005), 7,685 (28 October 2005) and 14,994 (19 March 2008). To control...

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