With the Relief Package Expectedly a Damp Squib, the Market Has To Face the Fundamentals Now
For weeks, the Indian stock market has been going up in the hope of a fiscal stimulus. We got one. And the market came down with a thud. This would not be surprising for the readers of Moneylife
. As I had mentioned here
Over the past three weeks, the market has also rallied on hopes of a fiscal stimulus. It is remarkable how narrowly-focused analysts and investors are. They believe that...