Sunday 23 February 2014

Weekly Outlook

Last week saw some significant selling in the Chinese Yuan.    Now that the G20 choosing to look
away at the concerns of the emerging economies with regard to market volatilities,  the latter shall
continue to remain vulnerable to capital outflows.

Now that the Vote on Account is behind us,  there appears to be no significant domestic trigger
except for the data points like the IIP,  etc.    In the light of the above,  global cues will drive Indian
markets.

Finally,  it appears that Nifty may see significant spike in volatility going forward.

1 comment:

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