Markets in March: Only fear and no greed
The Morning Brief
00:00
Is the RBA Going to Hike Rates?
The two key charts from the Indian context are going to be USPNR and the 10-year G-Sake yield. If we start trading successively above 83 for a couple of days, it will start looking like we have a breakout to move towards 85 or 87. So these two macro variables, I think both are on the edge. Even if we look at something like the mid-cap index, it has held a particular level for like three times in October. Today for the first time we are trading below it. All these levels breaking will become signals of a risk of in the Indian market.
Play episode from 22:33
Transcript
