Good
Stability of Euro
Huge foreign inflow through out the year
Bad
Oil prices - due to Euro stability
Rupee depreciation and trade deficit - IF oil bills not paid by selling foreign reserves
Higher interest rates - Bad for companies profit and expected return from CSE relative to FD
Inflation - Reduce the purchasing power of end users. Bad for companies based on local customers
Considering above facts we should able to pick attractive sectors and stocks very carefully. Also we are very much behind moving averages 80-120.