News headlines

German exports fell in July in the latest sign that growth in Europe's largest economy is slowing.     http://www.moneycontrol.com/news/world-news/fallgerman-exports-signals-slower-growth_483599.html     and  our  exports are decreasing ........Exports are correlated to IIP and we saw July was a very bad month for exports where there was a sharp decline on month-on-month basis.   http://www.moneycontrol.com/news/economy/iip-surgesshould-rbi-do-now_484022.html
and  we are heading towards growth ..........????
our mkt is climbing ???
zooming ??
In January you had Greece, in April-May you had the sovereign debt crisis in peripheral Europe, now you have had a significant slowing down despite recent data from the US and China.
now who will be next   ???
the gradually rising uptrend channel is a very healthy development, and gives you very easy parameters to watch out for. We do believe the uptrend channel looks like it will continue even perhaps with modest breakouts, and the channel's width is roughly around 14-15%. So, at point of breakout, counting using the midpoint you may get another 5-7% pop, once its breaks out. But again 17,500 is a key level to watch for sensex , for the  Nifty  it’s 5,300, give or take.
http://www.moneycontrol.com/news/fii-view/17500-crucial-level-for-sensex-jonathan-lin_483727.html



On an annual basis, cereals grew 5.07% more expensive in the week ended August 28. Within this group, price of pulses soared by 13.44%, while rates for rice and wheat increased by 4.74% and 7.04% respectively. Among other food items, milk soared by 17.6% during the week compared to the same period last year, while fruits became 10.34% dearer.

Read more: Food inflation rises to 11.47%, RBI hike seen - The Times of India http://timesofindia.indiatimes.com/business/india-business/Food-inflation-rises-to-1147-RBI-hike-seen/articleshow/6526360.cms#ixzz0zHbCy7zc

The industrial output data this week was as celebratory as the festive mood this weekend. At 13.8%, the July IIP was better than the most optimistic expectation which was about 8.4% at the best, and the average expectation which was 7.8%. So how does this set up the scene for Reserve Bank when it meets on September 16 to review its interest rates.
http://www.moneycontrol.com/news/economy/iip-surgesshould-rbi-do-now_484022.html