Month: December 2013

Some fund managers turn positive on emerging markets

Going bearish on emerging markets may have become the consensus call, but some fund managers are quietly turning more positive, citing attractive valuations. “I fail to see any good reasons to be bearish,” said Benoit Anne, head of emerging markets strategy at Societe Generale, in a note. (Read more: Goldman: Cut your emerging markets exposure […]
23 Dec, 2013

Weekly Market Pulse

  Sensex closed at 21079.72, a rise of 364 points as compared to a fall of 281 points in the previous week. Sensex, last week refused the negative offer of the previous week’s red bar at 7, and instead it rose. This was similar to the action of the second red bar at 6 which […]

What the big money is betting on in 2014

Wall Street managers are bullish on stock markets. How to bet against them. By Brett Arends What does 2014 hold for financial markets? The world’s biggest money managers are making some bold bets for the New Year, according to a new survey. The big-money crowd is gambling that stock markets will keep soaring in 2014, […]
17 Dec, 2013

Weekly Market Pulse, Dec 16-17, 2013

  Sensex closed at 20715.58, a fall of 281 points relative to the previous close, as compared to a rise of 205 points in the previous week. The actual downmove this week however, is 701 points. In the weekly chart below, we see that Sensex has formed a Dark Cloud Cover bar after a brief […]

India Inflation Exceeding Estimates Adds Rate-Rise Pressure

  By Kartik Goyal – Dec 16, 2013 India’s wholesale inflation was faster than economists estimated in November, reaching a 14-month high and adding pressure for a further increase in the benchmark interest rate this week to quell price pressures. The wholesale-price index rose 7.52 percent from a year earlier, compared with 7 percent in October, the Commerce Ministry said in New Delhitoday. […]
Sensex Dec 06, 2013
9 Dec, 2013

Weekly Market Pulse – Dec 09, 2013

  Sensex closed at 20996.53, a rise of 205 points as compared to a rise of 575 points in the previous week. In the weekly chart below, we see that Sensex after finding support at 6 at the line 1-2-3-4, has continued in its sharp bounce off the support zone, and in doing so, has […]