Indian Nifty Will Fall Badly Due to Brexit
Britain will be leaving European Union for its good. Apart from that the trade of Britain is hampered by massive policy of France,Indian Nifty Will fall badly due to Brexit Germany, Switzerland etc. This creates recession in British economy. If Brtian is out of European Union, automatically it will benefit United States as weaken the Euro at least.
When Britain moves out, Pound sterling will improve and financial position will be better. Now its time for European Authorities to mug in and provide Britain more benefits to stay in and regroup the Union. British laws and regulation are the back-bone of European Union now.
But for investors, market will fall sharply as it will create wedge in the Union. The correction in Indian Market will be massive. Every blue chip companies have already ballooned their share prices. Raghuram Rajan has exited from governorship of Reserve Bank. Inflation is high compared to last month. Only Midcap 100 and some Nifty PSU Shares will be improving. Don't stay invested and prefer to wait and watch.
When Britain moves out, Pound sterling will improve and financial position will be better. Now its time for European Authorities to mug in and provide Britain more benefits to stay in and regroup the Union. British laws and regulation are the back-bone of European Union now.
But for investors, market will fall sharply as it will create wedge in the Union. The correction in Indian Market will be massive. Every blue chip companies have already ballooned their share prices. Raghuram Rajan has exited from governorship of Reserve Bank. Inflation is high compared to last month. Only Midcap 100 and some Nifty PSU Shares will be improving. Don't stay invested and prefer to wait and watch.
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