Author: shyam

The NIFTY ended on a bullish note, shooting up +1.58% for the week.
Biggest losers were NTPC (-3.72%), BANKBARODA (-2.96%) and DRREDDY (-2.59%).
And the biggest winners were AMBUJACEM (+11.99%), GRASIM (+7.73%) and BPCL (+5.73%).
Advancers lead decliners 28 vs 21
Gold: +2.74%, Infrastructure: -2.26%, Banks: +1.23%.

The markets had enough things to worry about: weekend elections in Greece, slowing global growth, domestic stagflation and policy paralysis. Even though 2012 is mirroring most of 2011, what’s different this time is slowing BRIC growth. The BRICs contributed about half of the international expansion since 2007 but are facing rising headwinds this year. Investors have moved out of emerging market equity funds, India’s 5.3% expansion in the first quarter was the weakest in nine years, Brazil managed a tepid 0.8% even after cutting interest rates and taxes, Russia is forecasting a 4% growth rate as output of oil, the nation’s biggest export, stagnates, and China is targeting growth of 7.5% this year. (Bloomberg)

Have a nice weekend!

Daily news summaries are here.

The NIFTY ended on a bullish note, shooting up +4.02% for the week.
Biggest losers were DRREDDY (-0.60%), RANBAXY (+0.10%) and CIPLA (+0.49%).
And the biggest winners were RELINFRA (+18.50%), LT (+17.31%) and STER (+12.03%).
Advancers lead decliners 48 vs 1
Gold: +0.75%, Infrastructure: +4.67%, Banks: +4.45%.

Hope of a Spanish bank bailout, Greek elections going the right way and QE3 coming out of the US prevailed… for now.

Daily news summaries are here.

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…