MCX News
Market before Budget is bullish but volatile
It is startling to see the change in sentiment one bearish week can cause. The Nifty dropped about 2.5 per cent, after a 20 per cent rise in 2012. But traders are suddenly talking knowledgeably about Greece, bank non-performing assets (NPAs), the large and rising deficits, Iran and the price of oil.
None of the problems are exactly new. They were visible last month and they are likely to be around
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