Its Surge in market bcoz FDI was permitted,Didi Mamta is not against lpg or Diesel price rise...she is much worried about west bengal oriented investment will lure either to west of India or south most probably Bangalore.And leftist will never ever allow her to leave her in assembly for a day.
But Indian stock Market player will never allow markets to breach to crictical levels...Cong will rule the country for full term.Dont be pesemist be optimist when market opens today Roses4rU
Yes, One should book profit now in airlines stock. FDI may not bring profit. No one is going to bring money without having visibility in earning. Airlines are in a quagmire and government is there to interfere. I never touch any stock which has government involved in any way...even remotely...
One should hold till the FDI actually starts pouring in. While FDI in retail might hit a political roadblock, that in aviation has direct airways into Indian carriers.