StockViz

The NIFTY ended on a bullish note, shooting up +1.99% for the week.
Biggest losers were TCS (-7.72%), DRREDDY (-5.94%) and WIPRO (-3.46%).
And the biggest winners were PNB (+18.08%), RELINFRA (+15.50%) and BANKBARODA (+14.62%).
Advancers lead decliners 34 vs 16
Gold: -1.77%, Banks: +8.66%. Infrastructure: +5.12%

Net FII flows for the week: $1,151.58 mm (Equity) and $360.31 mm (Debt)
Net domestic institutional flows for the week: -$1,162.00 mm (Equity) and $9,178.20 mm (Debt)

We award the quote of the week to Scott Price, Wal-Mart’s Asia chief executive: “… this idea that the gates have been opened and there’s going to be a flood (of investment) is overwrought.” Didi, are you listening?
Daily news summaries are here.

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.