Thought for the day
"Start by doing what's necessary; then do what's possible; and suddenly
you are doing the impossible."
-
Francis of Assisi (Italian, 1182-1226)
Word for the day
Quixotic(adj)
Extravagantly chivalrous or romantic; visionary ,impractical,
or impracticable.
(Source: Dictionary.com)
Malice towards none
What the
options with Pakistan are but to keep the dialogue open!
Domestic
investors hold the fort amidst global rout
The month of June witnessed about 1% fall in benchmark indices. In
July YTM benchmark indices are almost unchanged. However, a further analysis of
market internals would highlight that midcap and small cap have continued to
outperform the benchmark indices even when institutions have withdrawn to
fringes.
June'15 witnessed the lowest turnover in a year in the cash
segment. The average trade size also was the lowest, indicating that it is
mostly smaller investors who are holding the fort in the market.
The greed obviously is still dominating sentiment. The
persistently lower volatility suggest that the global events have not deterred
the domestic investors as yet.
It is clear that the Indian markets are in no hurry to follow China.
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