Thursday, November 29, 2007

November - stock market summary


The performance for stock markets were mixed in November. Struggling to find its feet, one can say. Dow went below 13000 and pulled back. Chila and Taiwan are clearly underperforming. Singapore and India is trying to stabilise at current levels.

Commodities were mixed - Oil holding steady and gold down from 28 year high levels, copper, zinc underperforming mostly.

P-Note issue impacted FIIs from carrying out short term trades and their Nifty trading bit slowed down. Midcaps were merrily going up and up away. So it is mixed so far.

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