Market expectation is very high on winter session which starts from Monday (Nov 24th), government is likely to pass key legislations including GST and Insurance bill.
Assuming bills will be rolled-out in Lok Sabha, the risk is how it will be passed in Rajya Sabha.
Current fall in crude prices, is positive for India as inflation & deficit will be lowered.
We also believe event risk from next RBI meet is very low since even if not early, interest rate will be lowered in the medium-term.
By Vinod Nair, Head-Fundamental Research, Geojit BNP Paribas Financial Services Ltd.