Weekly Recap

NIFTY 50.2012-05-21.2012-05-25

The NIFTY ended on a positive note, drifting up +1.39% for the week.

Biggest losers were SESAGOA (-6.45%), MARUTI (-4.08%) and STER (-4.01%).
And the biggest winners were RANBAXY (+8.95%), RELINFRA (+6.11%) and GAIL (+6.09%).

Advancers lead decliners 29 vs 20
Gold: +0.01%, Infrastructure: -3.93%, Banks: +1.71%.
Daily news summaries are here.

Between Europe blowing up, US economy weakening, China showing cracks and India stagflating the markets have a lot to absorb. Does this mean that the global liquidity tap gets turned on once again: China easing, LTRO part deux, QE3? We live in interesting times…

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