indian stock market

MARKET KHABAR By C. Kutumba Rao Market players await Q4 results Despite change in global market sentiments, inflation fears spo-oked domestic markets and the government's measures to control it have kept the markets on the edge. Shedding all gains posted in the earlier week, the Sensex fell by 6.3 per cent to end at 15,343 points and the Nifty on the NSE lost six per cent to close at 4,649 points. Though the market breadth was positive during the early part of the week, it turned negative by the end of the week reflecting crisis of confidence. Both the CNX Midcap and the BSE Smallcap had smaller cuts of 3.8 per cent and 2.4 per cent. Renewed selling from FIIs and the lack of follow-up buying from domestic institutions kept the sentiment subdued. Fears of strong monetary and regulatory steps to control inflation affecting the growth story and liquidity have turned the sentiment bearish. Reports of losses due to exposure to asset markets and derivative contracts and the impact of sl...

Inflation may influence markets Market Khabar by C. Kutumba Rao Trending with global markets, Indian indices posted th-eir biggest weekly gains in five months during the week ended. On the BSE, the Sensex gained 1,376 points to close at 16,371 and the Nifty on the NSE logged 368 points to end at 4,942. Moving in tandem with frontline indices after a long time, both the CNX Midcap and the BSE Smallcap indices also gained eight per cent plus. Market breadth clearly reflects that worst may be over for present. Rise in commodity prices was seen impacting inflation numbers. While inflation and GDP are the most talked about numbers, market players feel fourth quarter results will determine near term direction of markets. Though decoupling theory has been discarded, some savvy old timers believe that domestic consumption and investment story as far as real economy is concerned will emerge a winner in long term. Do not be too obsessed with global picture and focus on Q4 results and domestic ev...