Financial markets have had a tumultuous week - with risk assets selling off sharply and safe-havens such as gold rallying on Monday after Russia tightened its grip on Russian-speaking Crimea in a move that followed the ousting last month of Ukraine`s president after bloody street protests.
Ambareesh Baliga, Edelweiss Financial Services is not very optimistic on the Nifty given major bounce in gold and silver prices on Wednesday. He does not see Nifty breaking 5,400-5,800.
The protest reflects growing disquiet over the vision of the country set forth by the People's Action Party (PAP) that has ruled for five decades.
Some economists warn that unless the government acts to reverse the growth slump, India's sovereign ratings may be jeopardised.
Considering the post 2008 market scenario, if there's one thing almost every investor knows, it's that there's no such thing as a free lunch. If you want gains from the markets, you're going to have to stomach volatility.
A month into 2011, one of the biggest swings in asset flows has been the outperformance of previously lagging developed market equities against once red-hot emerging ones.