What would be the effect of scrapping of Rs. 500/- and Rs. 1000/- notes on stock market?
Based on our Prime Minister's scrapping of Rs.500 and Rs.1000 notes how will the share market progress? After the rejection of 1000 and 500 rupee notes, will anyone buy shares?
But I would like to know how would the share market behave today (9.11.2016) and tomorrow (10.11.2016) after this historic announcement? Will the market react negatively? If yes, then how much correction can be expected? Can it be taken as buying opportunity?
Experts may kindly guide.