Now experts are saying what I have been saying for long, that, demonetization of old Rs. 500 and 1000 notes, is the only reason Indian markets are finding it hard to recover and go up.
How long will this take, no one can say but one thing is for sure – as soon as the cash withdrawal limits goes away and Indian banks and ATMs will have enough cash in the system to keep giving money as per the requirement of their clients, this cash crunch in the system will go away and some percentage will flow in the stock markets taking it up.
It was expected that this will get over by January 2017, but now it seems it will take longer. So for traders and investors patience is required.
As far as I know RBI is printing new Rs. 100 notes to get rid of cash crunch and other notes as well. Once this will get in the system and the limits to withdraw money from the banks is taken away Indian Stock Markets will get a boost.
What To Trade Now during Demonetisation?
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