Hello experienced traders,
Today I read in the newspaper that government has increased the diesel price by Rs. 3 from Friday mid-night. It will cross Rs. 40/lt. mark first time in the nation's capital, New Delhi. Also, the LPG, Kerosene oil prices have been increased too. I guess these developments will not help curbing the inflation in near future.
So, what's your view on the market in the coming week, especially on Monday? Are we going to see Nifty in a big Red or sideways or Green?
I'm asking this because I've never noticed earlier if the increase in diesel, petrol price, etc affects the market.
Are you the one who has noticed any trend repeating after these developments? If yes, please share.
Today I read in the newspaper that government has increased the diesel price by Rs. 3 from Friday mid-night. It will cross Rs. 40/lt. mark first time in the nation's capital, New Delhi. Also, the LPG, Kerosene oil prices have been increased too. I guess these developments will not help curbing the inflation in near future.
So, what's your view on the market in the coming week, especially on Monday? Are we going to see Nifty in a big Red or sideways or Green?
I'm asking this because I've never noticed earlier if the increase in diesel, petrol price, etc affects the market.
Are you the one who has noticed any trend repeating after these developments? If yes, please share.