Wait and watch

After continues crash for 5 days market has recovered in last two days. Markets have shot up by 160 points in last 2 days.
Rising Oil prices and demand for quota in pvt sector has hit the market hard. One more thing that hit the market last week was the fear in FII regarding reforms.
FM had assured FII yesterday in a video conference that UPA government will continue the reforms. This turned the sentiments positive.

Wait and watch could be the best policy now.