Friday, 13 December 2013

Weekly Outlook

The kind of profit booking sessions witnessed in the post state election euphoria on
Monday suggests that the sentiment has turned around.    The week IIP data and the
CPI number further added to the gloom.    The absence of buying even at lower levels
is worrisome.

The coming week has major events in terms of the US Federal meeting and the subsequent
Reserve Bank of India policy meet.    These events will clearly bear out the course of the
markets for the rest of the December series.  

1 comment:

  1. • Petrol/Diesel price up Rs2.21/Rs1.79 per litre.
    • Zee Learn scraps merger with Tree House Education.
    • IRB Infra unit gets Rs242 crore in arbitral award amount.