Invest Without Emotions
The NIFTY ended tepid, moving just -0.12% for the week.
Biggest losers were PNB (-8.91%), JINDALSTEL (-5.25%) and POWERGRID (-4.65%).
And the biggest winners were M&M (+6.94%), LT (+4.67%) and IDFC (+3.78%).
Decliners eclipsed advancers 29 vs 21
Gold: -1.67%, Banks: +0.13%. Infrastructure: -0.58%,
Net FII flows for the week: $166.43 mm (Equity) and $459.15 mm (Debt)
Net domestic institutional flows for the week: – $198.20 mm (Equity) and – $238.30 mm (Debt)
Daily news summaries are here.
The NIFTY ended on a negative tone, drifting down -0.52% for the week.
Biggest losers were ACC (-6.02%), DLF (-5.78%) and GAIL (-5.11%).
And the biggest winners were AXISBANK (+7.37%), ITC (+4.94%) and HCLTECH (+4.07%).
Decliners eclipsed advancers 28 vs 22
Gold: +0.03%, Banks: +1.94%. Infrastructure: -0.45%,
Net FII flows for the week: $138.48 mm (Equity) and $183.68 mm (Debt)
Net domestic institutional flows for the week: $80.80 mm (Equity) and $856.20 mm (Debt)
Daily news summaries are here.
The NIFTY ended on a negative tone, drifting down -0.64% for the week.
Biggest losers were DLF (-9.57%), SIEMENS (-7.74%) and BHEL (-7.01%).
And the biggest winners were SUNPHARMA (+4.50%), JPASSOCIAT (+4.45%) and ULTRACEMCO (+3.73%).
Decliners eclipsed advancers 32 vs 18
Gold: +0.46%, Banks: -1.14%. Infrastructure: -1.50%
Net FII flows for the week: $1,345.00 mm (Equity) and -$20.21 mm (Debt)
Daily news summaries are here.
The NIFTY ended on a positive note, drifting up +0.87% for the week.
Biggest losers were LUPIN (-4.66%), BAJAJ-AUTO (-4.32%) and CIPLA (-4.17%).
And the biggest winners were JPASSOCIAT (+7.84%), AMBUJACEM (+7.08%) and BHEL (+6.86%).
Advancers lead decliners 30 vs 20
Gold: -1.04%, Banks: +0.64%. Infrastructure: -0.70%,
Net FII flows for the short week: $457.62 mm (Equity) and $193.11 mm (Debt)
The biggest data point that investors will ponder over the weekend is the US unemployment rate hitting 7.8% for September (8.1% previous).
Erroneous orders placed by Emkay sends Nifty crashing by 16%, to 4880.20 on Friday morning. Emkay has been temporarily barred from trading. Fat fingers indeed. (WSJ) [stockquote]EMKAY[/stockquote]
Daily news summaries are here.
The NIFTY ended tepid, moving just +0.12% for the week.
Biggest losers were SAIL (-7.77%), SESAGOA (-5.49%) and CAIRN (-5.32%).
And the biggest winners were M&M (+6.90%), ACC (+6.56%) and BHEL (+6.26%).
Advancers lead decliners 28 vs 22
Gold: -1.10%, Banks: -1.19%. Infrastructure: +6.03%, 
Net FII flows for the week: $1,769.89 mm (Equity) and -$73.68 mm (Debt)
The Economist has an awesome summary of the Indian political scene: Are we going through an American-style robber-baron phase or are we creating a Russian-style kleptocracy?
India’s politicians are not, by instinct, reformers. They act when pushed. Besides, the public is so angry that even honest decisions are sometimes construed as favoring special interests, so babus consider it safest to do nothing.
Daily news summaries are here.
