Markets were up today. Though one should be careful with elections around the corner, markets are doing steady with bouts of up and downs. Buying is taking place in stocks in mid cap companies. Mutual funds are buying a lot of stocks. The ILFS problem, has led for discomfort in markets for a long time. Stocks, were oversold and they have rebound to a certain extent. With, the Democrats winning the House of Representatives in USA a control, over the activities of President Trump is there. This, has led to a balance in the economic policies of USA. Here in India, the differences between RBI and the Government has reduced, leading to a little bit of a good market.
The sensex is expected to improve well in coming days. With uncertainities like state elections and the 2019 election, one has to take care.
