Members,
Dollar index is trading above 80. After the Greece crisis (and of course a long waiting list of other euro countries like Spain, Portugal, Ireland etc.) it is almost sure that euro currency will lose almost 20-30% and it will pull up dollar towards 90-100 mark.
I want to know then what impact will be on our markets specially when 2500 to 5200 journey is totally based on the liquidity (dollar carry trade). Will FIIs withdraw their money from EMs? can we see 3800-4000 kind of levels again in near future (march/april)????
We all know their is no major fundamental changes in the stocks and we have not seen any big sell off yet since 2200 levels. Many of FIIs sit on huge profits. They will be still in profit if nifty goes below 4k.
Share your views??? can we take OTM puts in march/april???
regards
Abhi
Dollar index is trading above 80. After the Greece crisis (and of course a long waiting list of other euro countries like Spain, Portugal, Ireland etc.) it is almost sure that euro currency will lose almost 20-30% and it will pull up dollar towards 90-100 mark.
I want to know then what impact will be on our markets specially when 2500 to 5200 journey is totally based on the liquidity (dollar carry trade). Will FIIs withdraw their money from EMs? can we see 3800-4000 kind of levels again in near future (march/april)????
We all know their is no major fundamental changes in the stocks and we have not seen any big sell off yet since 2200 levels. Many of FIIs sit on huge profits. They will be still in profit if nifty goes below 4k.
Share your views??? can we take OTM puts in march/april???
regards
Abhi