Sunday, 1 December 2013

Weekly Outlook

The Q2 GDP data released on Friday was more or less what the market was anticipating.
It appears that the GDP growth numbers are forming a bottom.

For the coming week,  Indian markets will be driven by global cues.    Among other data
points,  markets will be watching Bernanke's speech on Monday,  US Q3 GDP data on
Thursday and US jobless rate data on Friday.   But for the tapering fears emanating from the
US,  Indian markets are likely to remain firm.    

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