The much awaited and crucial level of Nifty at 8650 remains surpassed. Following are indicative of good times ahead
1. Met has announced that there is 100% rainfall overall in India. And reservoirs are likely to have 5-10% plus levels. Power supply thus is not going to be a problem.
2. States like West Rajasthan,Gujarat and Odisa are having deficient rain fall.
3. Congress having given a green signal for GST, there is likely hood of FIIs inflow in the Indian market,now on.
4. By and large qly results are also good.
Stock specific (provided they are funda sound), one should remain invested.