The markets had an air of positivity from early this week which ended in a zoom after the exit polls results were out for the state elections. Aiding the mood of the market in the week were the good manufacturing PMI numbers, the news about sharp reduction in CAD and the fact that India may be having its way in the WTO meet.
Saturday, 7 December 2013
Wednesday, 4 December 2013
The IT industry has been and will continue to be an attractive option for investors due to the good returns it has given in the past and the potential to give better returns in the future. This sector will always remain the favourite with the investors because of the ability to give good RoI.
Saturday, 30 November 2013
The market was positive for most of the week showing a negative bias for only a day or two. Once the F&O expiry was done with on Thursday, the market zoomed on the last trading session on expectations of good Q2 GDP figure. The highlights of the week are :
Thursday, 28 November 2013
The pharmaceuticals industry in India has been the flavour of the market with its low beta nature and its standing as a wealth creator from the perspective of last 5yrs. It is one of the sectors which is affected minimally due to the domestic macro-economic condition as most of the business of this sector comes from outside India.
Saturday, 23 November 2013
Friday, 22 November 2013
The second quarter results of the banking sector were as per the expected guidelines. The blue chip companies in this sector were on the market radar from the start of this earnings season itself.