In the near term, the government will try to keep the impact of GST least disruptive as possible
The index took 42 trading sessions to rally nearly 5 percent or 500 points from 9,000 to 9,521 on May 17, but there was plenty of stock specific action. As many as 354 stocks from the Nifty 500 index outperformed the Nifty50 index.
Most broking firms do not expect any rate cuts in the near future, due to macro-economic constraints more than anything else.
Amid fears of policy paralysis and a widening fiscal deficit, a heightened political rift is the last thing Indian investors bargained for. The market today went into a tizzy, closing nearly 400 points down, quite contrary to the firming trend in Europe ahead of the EU Summit.