{"id":136458,"date":"2012-06-16T12:23:29","date_gmt":"2012-06-16T06:53:29","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=136458"},"modified":"2012-06-16T12:23:30","modified_gmt":"2012-06-16T06:53:30","slug":"weekly-recap-13","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2012\/06\/16\/weekly-recap-13\/","title":{"rendered":"Weekly Recap"},"content":{"rendered":"

\"NIFTY<\/a><\/p>\n

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

The markets had enough things to worry about: weekend elections in Greece, slowing global growth, domestic stagflation<\/a> and policy paralysis. Even though 2012 is mirroring most of 2011, what\u2019s different this time is slowing BRIC growth. The BRICs<\/a> 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\u2019s 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\u2019s biggest export, stagnates, and China is targeting growth of 7.5% this year. (Bloomberg<\/a>)<\/p>\n

Have a nice weekend!<\/em><\/p>\n

Daily news summaries are here<\/a>. <\/p>\n

\n
Related articles<\/h6>\n