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After three brutal months of foreign exodus, Dalal Street is coming back to life. The Sensex has risen 4,159 points, a blistering 5% gain, in October alone, powered by a dramatic turnaround by foreign institutional investors (FIIs) who have pumped more than Rs 7,300 crore back into Indian equities. The benchmark index is now tantalizingly […]
“So this phase represents consolidation – a waiting time before we enter the next phase of the bullmarkt. It is a process of shaking weak hands, although it clearly distinguishes from winners and losers. Shares that cannot produce are defeated, while those who perform well show outperst. How do you read the markets at the […]
