The Wednesday
turned out to be more than just another day as the German constitutional court
gives its nod
to the much awaited new Europe's bailout & the good news spread forward
as they stated how the ESM - European Stability Mechanism didn't violate any of
their laws.
The positive
sentiments created definitely pushed the world markets up with our very own BSE
crossing the 18000 mark yesterday.
What to look
forward to - the week ahead:
1. Federal
Reserve's policy meet.
2. The
inflation for- August which will be provided by end of the week.
3. RBI policy
meet on 17th Sept, though not expected to be much of a cause of any major
swings in the market ahead.
Where to stay:
As a start-of
the month ET article points out, Investors remain positive about the ever-green
pharma.Moreover, with government approving 8 FDI proposals on pharma, worth Rs
1842.5 Cr, the pharma stocks had already been topping the list even at the
times of flat sensex last week.