The markets continued to be on a roll but are certainly facing pressure on every rise. The all-important GST is set to enter the final stage, and may actually see the light of day on Tuesday or Wednesday. What next, is the question. The only answer to that is, short lived euphoria. Euphoria typically lasts between 48-72 hours and the timing of the correction would be anybody’s guess, depending on when the GST bill is passed. Investors should use this event to liquidate positions and then wait for the correction to re-enter at lower rates.

Vehicles make it through flooded roads in Jodhpur in Rajasthan. Pic/PTI