Nobody can say that the last one year has been uneventful—right from the doomsday prophesiers on Brexit, Hillary pilloried by Trump or now demonisation of Rs 500 and Rs 2,000 notes. It is interesting to note that whatever maybe the buzzword, the outcome of the event has been unexpected. Result has been a much higher volatility in the markets as the markets do not like too many uncertainties. However, to everyone’s surprise the market has had the gumption to digest the volatility emanating out of these events.