March will define the way markets move

This month march 2012 will define the way the markets move because of the four different reasons

1. Iran scenarios. If the Iran issue continues , there could further increases in oil prices and have a hugely negative impact on Indian economy.

2. RBI Monetary policy
It is widely expected that the RBI would start reducing interest rates and hence reduce interest impact to companies and people. Unless something drastic happens ( Aka Iran war) this should be positive for the markets and banks specifically.

3. UP state elections
Yes I know that this is not a national one but a lot is on this elections and will define what the congress government does in the budget , before the national elections next year

4. Budget
The budget will define what our fiscal deficit is. Huge pressure especially since multiple countries in the world are being downgraded because of this. ( Greece has 160% debt )


It's going to be a very interesting month. Key global queues will come in from what happens in the middle east.

Smart investing means keeping an eye on what is happening around you