Stocks that make it to the index are those that are in vogue and have caught investor‘s interest.
The weight is now shifting towards the US as dollar flows out of emerging markets. Equity indices in emerging countries have reported double digit losses since May 22 when Ben Bernanke made a verbal departure from quantitative easing
So finally the market is capitulating. But what really is happening out there? Who is selling and what should the market be weary of?
Sushil Kedia of ATMA joins CNBC-TV18 to give his perspective on the technical charts for the market today.
Bond yields are at calendar year highs, while equity indices and the currency are just off from calendar year highs, going into the RBI annual policy for 2011-12 scheduled for the 3rd of May 2011.