http://blog.accretus.in Managing Wealth in the New Normal Thu, 06 May 2010 12:05:23 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 http://blog.accretus.in/monthly-market-trends/market-trends-for-jan-2007-%e2%80%93-key-take-aways/ http://blog.accretus.in/monthly-market-trends/market-trends-for-jan-2007-%e2%80%93-key-take-aways/#comments Thu, 11 Jan 2007 18:23:01 +0000 Partha Iyengar http://www.sublimeconsulting.com/?p=4 The derivative statistics and trends for Dec 2006 indicate a clear bullishness
for the month of Jan 2007.
The trend in high open position contracts point to the expectations of strong quarterly results and a run up on pre-budget sentiments.
Quarterly results is expected to be strong due to consumption boom during Diwali and Christmas. This will reflect in the 3Q 07 results.
Lower crude oil prices and softening in other commodity prices have reduced the input costs for manufacturing companies.
Higher Advance tax payments made by corporates are a clear indicator of the bullishness in the quarterly numbers.
Post results season, budgetary news flows will be the key factor driving the markets.
Overall, the month looks quite bullish for the markets.

]]> http://blog.accretus.in/monthly-market-trends/market-trends-for-jan-2007-%e2%80%93-key-take-aways/feed/ 0