'The Indian market has all the factors at the moment: Over-valuation, over-confidence, reliance on some source of massive fund flows and massive scams.' 'The trigger for a collapse could also have arrived.' warns Devangshu Datta.
At 23 price-to-earning, the tech story is no longer compelling.
It's been a roller-coaster ride since 2015 Budget.
This will encourage exports and discourage non-essential imports such as precious metals
The Nifty's put-call ratios are very bearish.