Nifty makes history, hits 10,000: The bull run decoded

Markets generally discount foreseeable future but react violently to unexpected current situation

It’s been a dream run for the world markets and specifically the Indian markets since the last seven months, especially post the Union Budget on 1st February 2017.  India seems to have all the ingredients for a multi-year bull run since the elections of 2014 – whether it’s the strong leadership of Prime Minister Narendra Modi or the various policy measures taken up by the government from time to time, the excellent and unprecedented PR exercise internationally that possibly has projected India as the most favoured destination. The pushing through of GST Bill, which was in the works for more