New High Low Index takes into account the number of stocks touching new yearly highs and lows on a trading day. The rising index along with the uptrend in Sensex suggests a powerful rally. Continue reading BSE Sensex at new highs: What are market internals suggesting?
Riken Mehta moneycontrol.com Follow me on Twitter @mehtariken After outperforming equities a handsome margin in FY13, gold lost much of its ‘safe haven’ sheen last year, and ended up lagging the Sensex. Prospects for the yellow metal, in comparison to equities, do not look too bright this year too. Investors are betting on a global economic recovery later this year. Also, the Fed is expected to … Continue reading CHART: Gold vs Sensex between last Akshaya Tritiya and now
Riken Mehta Follow me on Twitter @mehtariken After nearly a six-year wait, Indian equity benchmarks, the BSE 30-share Sensex and the NSE 50-share Nifty broke their record highs this year. But that’s not it; 2013 saw a number of fresh multi-year record lows/highs both on the macro and investment front. Despite FIIs investing USD 20 billion in 2013, the index returns for FIIs in dollar terms … Continue reading Recap 2013: How equities, commodities, currencies performed
Riken MehtaMoneycontrol.com Traditionally, May has not been the best of month for equity investors, with the market declining more often than it has risen. But June seems to be the exact opposite. In last 20 years, the BSE Sensex has risen 14 times in June. This could partly be due to the pessimism in May, and the subsequent covering of short positions. But things don’t … Continue reading June seasonality: How BSE Sensex has moved in past 20 years
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