- Short term market volatility for next few weeks as more information unfolds
- Capital flow into Dollar and precious metals which in turn means capital outflow from Euro, Pound. In other words, FDI's will pull out of Indian market causing short term liquidity crunch providing an awesome low risk buying opportunity. This might also drive further Rupee devaluation.
- Central banks across the globe will start confidence building by some way of pumping more money into their respective economies, which in turn will eventually drive stock market to NEW HIGHs.
Overall, expect wide ranges and higher volatility for next couple weeks/months.
Market remains bullish but expect pullback and be cautious...