Today our market saw an interesting co-incidence. Almost all indices were up almost same in %terms. Is this a co-incidence? Hat-Tip – Mr Deepak Mohoni’s tweet.
Smoking is injurious to health & Tobacco is a favorite line item in every budget speech. Every FM will raise tax/cut length of the cigarette or use other innovative methods. Derivatives are considered to be risky/unsafe by the regulators and are always favorite in the line to get a slap just like cigarettes.