Markets round-up

The markets net net did nothing over the week, although it started very strong and by mid week was up near the 15900 levels only to give it all back by the end of the week. The 15900 level on the Nifty has remained a formidable resistance and has been attempted nearly half a dozen times with no success. The 10Y on the US bonds is also falling sharply and that should have triggered a rally in the emerging markets but that move has not materialized as well. The FII buying also has tapered off in the markets and there seems to be no trigger to take the markets out of the range of lull.

This is all for this week. Please stay safe and we shall meet again next week. Bye !

Published by WeekendInvesting.com

26+ yrs India stock markets trading/ investing /advisory View all posts by WeekendInvesting.com