The week Ahead -- JungleLion

A

AncientLion

Active Member
#1
#1
Indian Stock Markets depend a lot on global cues, so here is a summary on what to expect for the week ahead.

  • FOMC Fed is likely to cut rates by 25bps given the worsening housing data, leading to further dollar weakness and hence JUMP in BSE Sensex
  • Markets are aggressively increasing the odds of a rate 25bps on Oct 31 after terribly bad housing data in the past two weeks, with interest rates implying over 90% chance now
  • Commodity currencies will continue to be driven by strength in oil and gold prices. Canadian dollar will also be sensitive to the release of Aug GDP. Australia retail sales and trade balance as well as New Zealand trade balance will be eyed too.

What does this forex news mean to the Indian Stock Markets ?

Simple -- Its a Buying Time, Go Shopping.
 
A

AncientLion

Active Member
#2
#2
Lovely shopping today

I picked up 100 ACC, 1000 CIPLA, 1000 DABUR, 200 DLF, 59 LARSEN, 204 MARUTI, 93 RELIANCE, 100 RELIANCE COMM, 100 RELIANCE ENERGY, 200 RELIANCE NATURAL, 122 SBI

between Friday and Monday buying.

My investment horizon is 5 to 15 years on these stocks.

Currently only cipla, dabur and dlf are trading below my purchase price.
 
Dev Mookerji

Dev Mookerji

Banned
#5
#5
JungleLion said:
Lovely shopping today

I picked up 100 ACC, 1000 CIPLA, 1000 DABUR, 200 DLF, 59 LARSEN, 204 MARUTI, 93 RELIANCE, 100 RELIANCE COMM, 100 RELIANCE ENERGY, 200 RELIANCE NATURAL, 122 SBI

between Friday and Monday buying.

My investment horizon is 5 to 15 years on these stocks.

Currently only cipla, dabur and dlf are trading below my purchase price.
Click to expand...
iF i COULD HAVE THESE MUCH AMOUNT...i SHOULD HAVE AVOIDED POSTING IN THE FORUMS...AND ENJOYED MY LIFE IN SOME BEACHES WITH FAMILY....
 
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