As per "Buinessline",The Hindu,
Though the February series saw a smooth roll-over, leveraged positions in the derivative and cash segment remain the most important factor that can derail a fledgling recovery in the markets. Nifty put call ratio at 1.43 indicates that short positions have not reached a level where they can cushion a fall.
Shipping COs may be burdened with a TDS of 20%
In the worst case (scenario,of Budget),the Sensex may stabilize around 12000.
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