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About Research Speak - 14-05-2010
After a period of steady gains, the Indian stock market seems to be taking a breather and may decline further in the coming weeks. The author expects volatility due to issues in the EU and their impact on emerging markets. Commodity prices and exports from Asia and India may decline initially but commodities should rise over the long term. Domestically, a normal monsoon, lower oil prices, and earnings upgrades could support the market, making it a stock pickers market. Banking, infrastructure, capital goods, and pharma sectors remain positive, while SBI reported lower profits due to higher provisions.
Detailed Information
Author: | ['A_Kinshuk'] |
---|---|
Publication Year: | 2010 |
Pages: | 12 |
Language: | English |
Format: | |
Price: | FREE |
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