The markets were on a roll and gained significantly with the BSESENSEX up 2.7% and NIFTY 2.77%. RBL Bank Limited had a great debut up 33%. Global markets were up and there seems that nothing could go wrong. Sentiment on the street is indeed strong and in each primary issue leveraged finance is picking up and yet everyone makes money. Let things continue, who is complaining.

Results season is more or less over and there have not been too many pleasant surprises. The next stage in the life of the GST bill is set with 16 states on board for the implementation of the same.

Till the markets have this momentum and does not convert to euphoria, things could be on an upward move. This conversion could lead us to a new all-time high. Ride the rally but be on the alert.