Rug Pull Season refers to a period when investors face sudden losses due to unforeseen events, with the current culprit being the hotter-than-anticipated US inflation data
As numbers from key PSU companies turned out to be below market expectations, realization dawned that valuations were far ahead of fundamentals, and there was a sudden stampede for the exit
Investors will monitor banking, auto and real estate stocks closely as RBI Governor Shaktikanta Das spells out the fineprints at the RBI MPC on February 8