mlennyma wrote:Spikes wrote:Expect a mammoth bull market. Good news indeed!
the nse was still bearish when interest rates and t-bill yields were low earlier this year so i feel this may not be an automatic catalyst to the market
The Tbill rates will likely fall further due to the too much cash following the 'attractive rates' on the govt borrowing.
I passed at CBK last week and the queues on Tbills/Tbonds counters were huge. So where is the likely area that this cash will head to since the rates are no longer attractive as such. maybe NSE but may not yield to significant rally, slightly i think.