The bond yields are easing, indicating the uncertainty even in Oct/Nov settling down. Further positive news for the bourse as the performing counters will be attractive. Yesterday’s decline is due to the ASPI being overstated by around 500 points as we indicated in November is finally adjusting to reality with the Bajaj’s and Vespas have stated overheating and starting to crumble (CLC, NIFL, LOFC) while the Lamborghinis and Ferraris are just warming up to accelerate early on of the race….watch BIL, LOLC, Tile, Cables, Rubber, Palm and holding companies of the above while a soft group with Hospitals appearing distantly in the rearview mirror of the leaders of this race…..
