Positive are we now as the market is moving up. A few days back, we were negative.
A small dose of remorms cannot fuel the market. It can just improve the sentiment, which it did. Now everybody is praizing MMS as if we can either have a hero or zero.
The Euro and QE3 proposals propped up liquidity and FII money is pouring here. So the market is moving up. Domestic money seems to be not working much at present. The FII money is always a dangerous weapon. When they think they got a lot of money, which they could not get from other markets due to prevailing circumstances, they will grab it and move out, as they do always. Till then we will talk about reforms. Once the market goes down, we will say that the Govt. is doing nothing.
At present the trend is good, sentiment is good and frustration is not there. It may continue for some time. Fall comes as unexpected as always.
The recent anouncement by PM is just to divert people from coalgate, nothing will change. But its sure before leaving government congress want further to squeeze out public and their money so nothing will remain for new commer. The british did same thing and gave independance
Reforms are no reforms till implemented ;to reach that stage it will be a saga of fist fights,blockades, lung power,mudslinging,street fights, bandhs, dharnas etc etc... and end of the tenure of current LS