Hi
Every weekend I consolidate data on what has been happening around the world and see how it is likely to affect India and my personal holdings. Though I have not signed up for Traderji for a long time, I often get a lot of guidance from forum members here by reading the threads. Today I thought I should share my thoughts every week so that others can benefit from it too.
Best regards,
Rajiv Malhotra
In the week of 21 March 2011, stock markets across the globe recovered as the Japan situation eased a bit. The stellar performers were the emerging market pack and India, Chile and China did very well. On the commodity front, gold was flat but oil shot up as the Libyan crisis caused uncertainty. The dollar index was slightly higher than the week before.
The Indian markets for the first time in many months saw huge FII buying last week along with domestic buying. Market breadth was good and the sentiment turned a little positive after a long time.
There is good evidence that the fund flows from developed to emerging markets have resumed and India will be a key beneficiary as it is one the few economies with a strong domestic economy and with an interest rate cycle near its peak.
Every weekend I consolidate data on what has been happening around the world and see how it is likely to affect India and my personal holdings. Though I have not signed up for Traderji for a long time, I often get a lot of guidance from forum members here by reading the threads. Today I thought I should share my thoughts every week so that others can benefit from it too.
Best regards,
Rajiv Malhotra
In the week of 21 March 2011, stock markets across the globe recovered as the Japan situation eased a bit. The stellar performers were the emerging market pack and India, Chile and China did very well. On the commodity front, gold was flat but oil shot up as the Libyan crisis caused uncertainty. The dollar index was slightly higher than the week before.
The Indian markets for the first time in many months saw huge FII buying last week along with domestic buying. Market breadth was good and the sentiment turned a little positive after a long time.
There is good evidence that the fund flows from developed to emerging markets have resumed and India will be a key beneficiary as it is one the few economies with a strong domestic economy and with an interest rate cycle near its peak.