Bull run ahead for markets on Fed 18th December FOMC Meet

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19th December 2013

Currency Articles General   Hi Promofree Sensex, Nifty, INR and Government Bonds to Gain on Fed  The Sensex and Nifty will benefit hugely from the Fed’s policy of a calibrated taper of asset purchases as will the Indian Rupee (INR). The fact that RBI refrained from raising the repo rate in its 18th December 2013 policy review will add strength to the markets. It is well likely that the Sensex and Nifty will go into 2014 on a bullish note and the INR will strengthen against the USD. Sensex and Nifty at 20,883 and 6228 levels respectively are trading at 2% off record highs while the INR is up 10% from lows at Rs 62 to the US Dollar. click here to read full analysis Arjun Parthasarathy www.investorsareidiots.com arjun@investorsareidiots.com Information herein is believed to be reliable but the editor of Investors are Idiots.com Arjun Parthasarathy does not warrant its completeness or accuracy. Opinions and estimates are subject to change without notice. This information is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The financial markets are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved. Unauthorized copying, distribution or sale of this publication is strictly prohibited. The author of the articles may have investments in instruments that are the subject of the articles. © InvestorsAreIdiots.com. All rights reserved. Not interested in receiving emails from us? Click to unsubscribe.