I see that for a 500 point dip in Dow, post the Fed-hike, there is hardly 65 points dip in nifty (I mean, looking at SGX nifty)… I had noticed this trend that the fall in Dow/Nasdaq is hardly replicated in Nifty. in the last several months…there is some reaction by a token amount in comparison to the degree of fall in US markets. On the other hand, if there is a green candle in Dow, Nifty doubles up with lot more gusto, in upward direction. Are we really decoupled? Somehow, I sense that all the known negatives are already discounted in Nifty and nothing seems to shake it up. I am keen to know your (@StageInvesting ) view on the post-Diwali fall that you had hinted, now that Fed has done its part…thx a ton
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