Author: shyam

The NIFTY ended on a bullish note, shooting up +4.06% for the week.
Biggest losers were CIPLA (-5.61%), RANBAXY (-2.12%) and NTPC (-1.95%).
And the biggest winners were HINDALCO (+10.76%), TATAMOTORS (+10.01%) and JPASSOCIAT (+9.10%).
Advancers lead decliners 44 vs 6
Gold: +1.00%, Banks: +5.22%. Infrastructure: +4.25%,

Net FII flows for the week: $502.88 mm (Equity) and $87.94 mm (Debt)
Net domestic institutional flows for the week: -$153.30 mm (Equity) and $1,278.60 mm (Debt)

Between now and Christmas the US Fed is pumping $85 billion per month of free money into the markets (and $40 billion a month thereafter). Our government finally grew a pair of cohones and cleared FDI in retail and civil aviation. Things are finally looking good and unless Europe does something really asinine, we are all set for a bull run into the end of the year. Cheers!

Daily news summaries are here.

The NIFTY ended on a bullish note, shooting up +2.29% for the week.
Biggest losers were IDFC (-5.07%), BHEL (-3.89%) and TATAPOWER (-3.42%).
And the biggest winners were HCLTECH (+5.99%), MARUTI (+5.40%) and INFY (+5.32%).
Advancers lead decliners 34 vs 16
Gold: +2.37%, Banks: +1.30%. Infrastructure: -1.67%

Net FII flows for the week: $17.76 mm (Equity) and -$273.72 mm (Debt)

China’s plans to build roads to nowhere (again), ECB’s unlimited bond-buying boosted the markets.

Daily news summaries are here.

The NIFTY ended on a bearish note, melting down -2.38% for the week.
Biggest losers were STER (-14.19%), JPASSOCIAT (-14.16%) and JINDALSTEL (-11.26%).
And the biggest winners were CIPLA (+2.67%), POWERGRID (+2.01%) and HDFC (+1.77%).
Decliners eclipsed advancers 39 vs 11

Gold: -0.07%, Banks: -2.61%. Infrastructure: -2.11%. However, Gold was up +2.27% to $1692.35 at US market close following Bernanke’s speech.

Net FII flows for the week: $729.10 mm (Equity) and -$140.38 mm (Debt) – looks like a strong buy-the-dip bias amongst foreign investors.

Daily news summaries are here.