
For the next few days, Nifty/Sensex would follow the trend of world markets. The main reason is that the big traders are reducing their position in equity markets and shifting into currency trade where there is less risk than equity ahead of the US election. In the short term, the market has to find time between 11400 and 11650.
(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)