Sunday, December 2, 2012

Nifty 6200 or 5600?

It is no secret that this ball is clearly in government's court. The latest leg of rally has come after political stars began to align for retail fdi. Global risk appetite has also been supportive esp after fiscal cliff (or bluff) stopped making sense. Better captured here http://www.newyorker.com/online/blogs/borowitzreport/2012/11/please-stop-talking-about-the-fiscal-cliff.html

So now cutting to the chase, go with Obama and PC, and therefore for 6200.

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