Why markets rally in last week of December? (The Economic times 27th Dec 2007)If you are looking for reasons pointing to the surge in equity markets and can’t find any, well then try an unconventional explanation. Go back to history, if the last ten years data is to go by, the markets have posted positive returns, or in other words rallied in the last week of every year. Further, FII inflows have also been positive during the same period, contrary to popular belief that they usually stay away from the markets due to holiday season. More Mid & small-cap stocks maintain momentum (The Hindu Business Line 27th Dec 2007) Mid-cap and small-cap stocks have been attracting investors’ interest relentlessly. The BSE data on circuit summary, new high/low and advance/decline ratio has revealed the investors’ fancy. Circuit summary data on the BSE for Wednesday shows that 771 stocks have hit the upper circuit against 54 stocks that hit the lower circuit. Of these, four belong to Group-A. If a ...
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