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Devangshu Datta: Markets hate uncertainty

And, there are far too many as we head into the new year

Devangshu Datta 

Devangshu Datta The Nifty was traded at 7,963 on January 1, 2016. And, it will close out the year at more or less the same levels. This is depressing, since the index hit a peak of 8,968 in early September. In fact, market action through 2016 was unusual. The year started with a downtrend, and ended with a downtrend, with one bullish period in between.   The market hit a 52-week low of 6,825 on the Budget day. It bounced on the news that Mr Jaitley intended to hold the fiscal deficit to 3.5% of gross domestic product (GDP). From then till September, there was a positive response to every item of good ...

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Devangshu Datta: Markets hate uncertainty

And, there are far too many as we head into the new year

And, there are far too many as we head into the new year The Nifty was traded at 7,963 on January 1, 2016. And, it will close out the year at more or less the same levels. This is depressing, since the index hit a peak of 8,968 in early September. In fact, market action through 2016 was unusual. The year started with a downtrend, and ended with a downtrend, with one bullish period in between.   The market hit a 52-week low of 6,825 on the Budget day. It bounced on the news that Mr Jaitley intended to hold the fiscal deficit to 3.5% of gross domestic product (GDP). From then till September, there was a positive response to every item of good ... image
Business Standard
177 22

Devangshu Datta: Markets hate uncertainty

And, there are far too many as we head into the new year

The Nifty was traded at 7,963 on January 1, 2016. And, it will close out the year at more or less the same levels. This is depressing, since the index hit a peak of 8,968 in early September. In fact, market action through 2016 was unusual. The year started with a downtrend, and ended with a downtrend, with one bullish period in between.   The market hit a 52-week low of 6,825 on the Budget day. It bounced on the news that Mr Jaitley intended to hold the fiscal deficit to 3.5% of gross domestic product (GDP). From then till September, there was a positive response to every item of good ...

image
Business Standard
177 22