Markets have been on an uptrend over the past few weeks. So far, foreign institutional investors (FIIs) have pumped in $1.3 billion, in Indian markets in CY14. Adding to this, the order of preference has shifted to cyclicals.
But, the key question every investor is attempting to answer - Is this the much awaited pre-election rally and can Nifty convincingly stay above the 6,500 levels?
Helping us answer these questions is Manish Sonthalia, Vice-President and Fund Manager, Motilal Oswal AMC.
Markets witnessed a runaway rally since the past few weeks. Do you see this as the start of the much talked about pre-election rally?
