This is copy of email sent to my newsletter subscribers on Feb 26, 2020:
There are many reasons why nifty has become so volatile now-a-days:
1. Too much confusion on CoronaVirus – lots of myth that China is hiding total death count is believed by many people.
2. US-India trade – United States did not announce a trade deal during US President Trump India visit in Feb 2020, not even a mini-deal. Basically, Trump came to just see India – kind of travel with family nothing else.
3. Indian Economics, especially the mid and small scale industries are in tatters and hope is very far. I do not see Nifty crossing 12500 soon. On 26-Feb-2020 Nifty closed at near 11,678.