Domestic Issues for next Week

The big Issue for the last week was, we were finally correcting after remaining so disengaged with world markets for quite a long time. But our markets would would dance to the tune of DTC code rather than International issues as news flow will get stronger, so would be the market volatility. Trend Calls Team believe that, big players would have taken positions already & the news flow will only decide if the momentum picks up on sell side or we take U turn from here. It is anybody's game which ever way or rather how the DTC code is presented  in Parliament. The story  of LTCG will rule the markets & all sorts of rumours going around. But we want to ask a big ?.  What will happen to mergers & acquisitions in India if LTCG is presented @ higher levels even small increase LTCG will cough up the purse of government.  But if LTCG comes @ levels  which media  is saying,  then surely there would be  selling pressure in the markets. But the ? is will the  big  industrialists  let it happen .We do not think so because then mergers & acquisitions will dry down as the tax incidence comes on the seller of the company. 

Views given by Trend Calls Team