Bihar elections to decide trend for market: Macquarie

All eyes are on Bihar elections to lift sentiment and take the market beyond the range, says Arora.

November 02, 2015 / 10:47 IST

Rakesh Arora, Macquarie says reporting season is reflecting the fragile nature of recovery and has not provided anything to cheer about as yet.

At the same time, the probability of a Fed 'lift-off' in December 2015 has increased post recent minutes, indicating that risk-off may come back in vogue, he feels.

Back home, all eyes are on Bihar elections to lift sentiment and take the market beyond the range, says Arora.

first published: Nov 2, 2015 10:30 am

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