Reliance on Go, RBI silent and US Debt deal is done..

1) Reliance has reported the Best Result, after Long Long time. and Equities do not know how to react. The Market may shoot skyward, with reliance boost. The Leadership Mantle now firmly in the hands of Reliance and is under owned. As, Nifty changes its clothes and adds/subtracts...

2)  RBI is likely to keep the interest rates, as is. 
         
     Most of the central bankers have preferred to stay on side lines, except China. The Dr. Reddy's Suggestion  of ' Wait and Watch' and implicit hint about,' Positive Interest rates and previous Action', Lean season for debt and Divergence in debts, all give jolly good reason for RBI to ' NOT TO Raise rates' . The Bond Markets are too suggesting the same. Even, if RBI raises the rates, markets will take it as ' Last Salvo'. Somehow, Mr Market seems to be wanting to be ' UP "

3)  US Debt talks ' Debt Marketing' Exercise.
   
    With no one really interested in ' US Bonds'. The FED exercise of Buy back is over. The Debt Talk has Brought US Bonds back into the game. Both the Groups, have agreed and unanimous on raising debt limit. Its most unlikely that 'talk' will fail. However, it will be different issue, what happens next...

                               
4) The End of Month Bear Squeeze shall put many on the wrong foot and scramble for Cover.

If so ever I am Wrong, still good to be at ' No side ' than being at ' Wrong side'..