Stock pick for 2017, MCX India Ltd..
1. Largest listed Indian commodity index.
2. Possibility of favourable option trading norms by SEBI in coming weeks.
3. Listing of BSE a sentiment booster which can potentially lift share price .
4. Positive announcements in union budget 2017-18 to encourage farmers hedge positions through use of commodity derivatives.
Today was the last trading session of Indian markets. 2017 seems to be less of a challenge & investors can expect indian equities to outperform & end on a rather higher positive note.
Wishing you a fundamentally backed, technically indicated & sentimentality boosted, prosperous 2017.
Disclaimer : Notwithstanding any opinions my views are speculative in nature which bares me to be a guarantor of 100 % accuracy with regards to future trend prediction & pricing targets.