While every one is bullish on the street, slowly we see a bearish wind blowing in global equity markets and India is no exception. If global correction is on cards, we re-iterate India will be a big loser.
On the other hand if world goes flat Indian economy will be flying high. We agree on the decoupling theory but the quarterly numbers are mixed and failed to propel the markets. D-Street again failed to break out from the trading range. Keep caution till then