gold tips

sell gold @26700 target 26500/26300/26100

news

 global investment trends see funds flowing out of emerging markets, rendering those with high current account deficits, like India, particularly vulnerable

leadtips

lead book partial profit@121.30

nse tips

financial techonlogies 3rd target achieved

News

<p>Quotes from Standard Chartered:</p>
<p>-In our view, institutional fund flows will be critical in determining the future direction of the EM fixed income asset class. Recent market volatility has focused investor attention on the potential end of the bull run in fixed income, and is likely to result in a potential reallocation of funds away from EM debt as well.</p>
<p>-Deeply negative YTD returns and meagre expected returns (we expect UST yields to be closer to 3.5% in 12 months' time) coupled with weaker fundamentals for emerging economies over the next couple of years may also drive this reallocation away from EM credit. At the very least, these factors are likely to slow the pace of institutional inflows to emerging markets, weighing on EM credit performance over the next year or so. </p>