It seems as if Infrastructure development is happening. Going by the way
Metals, Real Estate Indices are going up. It may mean that there are major Governmental Projects are underway in India, like Airports, Highways.
Take a look at Source: Economic Times
"Indian markets were holding on to early morning gains taking support from the positive global cues. Traders were actively seen taking positions in stocks from second rung space.
“Though market closed very positive on last friday and looking better in daily charts, but still the weekly charts are not showing required strength. The friday's move could be a short covering and we still need to remain cautious.
First, as no breakout has happened so far and we are still in tight range.
Second, we need to be very alert about any false breakout in any direction, so watch volumes and breakout on closing basis and not intraday,” said, DD Sharma, senior vice president - Research, Anand Rathi.
At 12:15 pm, Bombay Stock Exchange’s Sensex was at 15833.88, up 144.76 points or 0.92 per cent. The index touched an intra-day high of 15879.75 and low of 15793.27
Amongst the sectoral indices, BSE Metal Index jumped 2.27 per cent, BSE Realty Index gained 2.26 per cent "
My analysis is that if the Metal / Cement Index is positively skewed, that
means there are major development projects that the market has gotten cues of.
But there's a negative side also -
As global economy moves up, Crude Oil prices also move up.
Global Markets are full of Catch 22 situations.
Financial Analyst Debajyoti Dutta Roy thinks successful investors understand the Catch 22 / Contradictory Situations so that they make profit in one sector, withdrawing money from the other at the same time.
