The latest US ISM manufacturing purchasing managers index (PMI) came in at 57.3, which was an increase on the October reading and exceeded the estimates of 55.2. The improvement in the US economy is precisely the reason why traders feel the Fed will lower its bond-buying scheme: investors have
about 55 min ago
All four factors will be positive 1) Fed Reserve would not taper from next month unless it has concrete evidences about sustained growth in US economy 2) The US budget will be passed 3) The Trade data in india , and Inflationary figure would be positive . 4) On political front BJP
8.47 PM Dec 7th
Keep dreaming my friend that it will come down to 1500. US economy is doing good, 7% unemployment rate. Fed will soon take decision on tapering. All IT stocks already 2-3 % up on Friday in NYSE. After 3-4 days rallies will fizzle out in banks and reality sector. People will be running towards safe
7.30 PM Dec 7th
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