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Best Regards
Vikas Thakur
Capital Placement Services.
Gurgaon Haryana India
capitalhr@gmail.com
09899409300
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----- Original Message -----
| | | | | | | | | | | | | We understand the need for the right research to make smart investment decisions. To keep you well informed, we bring to you the market outlook for this week. | | | Previous Week : Sensex up by 691 points, IIP numbers
higher than expectation, rise by 9.1% | | | The market continued to extend the previous week's gains from the very first day setting the trend for the whole week. Global cues had a positive impact on the market sentiment. | | | 
| During the last week, both indices breached some crucial | | | | technical and psychological levels, with the Sensex rising to 16910 and the Nifty touching a high of 5018 | | |
| On a week-on-week basis, the BSE Sensex surged by 691 points | | | | or 4.27% to close at 16848.83 | |
| The undertone in the global markets also remained strong, as | | | | the finance ministers of the G- 20 countries indicated against an exit from the current stimulus packages very soon | |
| India's IIP that came sharply higher than expectations, rose by | | | 9.1% YoY for September. This also helped the market's bias for the upside | | | | | | | | Week ahead : Market likely to remain volatile,
participants should remain cautious | | | | Global cues continued to lend support to the Indian markets. FIIs, after offloading a slight portion of their holding during the week prior to the last one, started buying again along with the domestic institutions and kept the market momentum going. | | |
| One important development for the market at this stage would | | | | be the strength in the US dollar and steps taken by countries to exit from the current extra easy monetary policy | | |
| The US, meanwhile, has already expressed its favour for a | | | | strong and stable US dollar in the recent Asia-Pacific Economic Cooperation and was supported by many Asian countries . US President Barack Obama's visit to China would also be an important event for the global economy and we may see some impact of that on the stock market movement as well | | | Overall, the market is likely to remain volatile in the coming week and participants should remain cautious. | | | | Best regards, | | ICICIdirect.com | | | | | | | | |
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