Month: July 2013
Euro zone is a nice place to visit, and you might even want to invest there July 29, 2013, 3:30 PM Global market strategists increasingly view European stocks positively, with conviction that the worst is over, over there. Indeed, European stock mutual funds have gained almost 7% on average in the past month, according to […]
US Treasury 10 year rate on July 29, 2013 closed at 2.61%. It is near a 50 year low. There are concerns in many circles, that the US interest rate cycle is reversing. By Dec 2014, expectations are between 4-5% in worst case scenarios. Esp. so if US industry picks up. This means capital […]
Nifty is in an uptrend, and looks very well positioned to break above its previous highs very soon.
We expect the Nifty to test the level of 5870 or around.