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Bullish trend continues, volatility ahead

The monsoon session of Parliament, earnings season and central bank attitude remain the key drivers for the Indian stock market. Traders are hoping that the long-awaited GST (which was first talked about in 2011-12) will finally pass through in this session. If it does, there will be a long haul and plenty of details to work out but the market will rally. On the earnings front, there are few expectations and lacklustre or average results have, so far, not dampened sentiment. The Bank of England has decided to stand pat, which disappointed traders. The ECB, the Bank of Japan (BoJ) and the ...