What next for the markets?

2012 did turn out to be the year of the bull as we had anticipated but the journey was not smooth to say the least!

It took some time before, things started moving on the policy end. The last three weeks saw the indices scale year highs, with the traders and investors cheering the fresh set of news coming in, be they the FDI in retail and civil aviation sectors, the decision to go ahead with price hikes.

The RBI helped infuse some more liquidity by reducing the CRR.

All this was on top of the QE3 from the Fed.

But this was the past,now the question is what next, as always traders want more! but lets be pragmatic. While the bullish mood might prevail, the overall markets are likely to consolidate the coming week before the next round of bullishness. Of course there will be pockets of profit in individual stocks.

But do remember, this is a market where you buy any major dips.

Wish you a roaring time ahead.