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Tuesday, 4 February 2014
Stock Market Commentry by MarketMagnify
Global markets on Friday closed lower with the Wall Street recording its worst month in more than a year. Europe too closed in red and Asia kicked off February on a weak note as Chinese factory growth slumped to a six-month low in January. Speaking to CNBC-TV18’s Sonia Shenoy and Latha Venkatesh, Udayan Mukherjee, CNBC-TV18 says the global news is one piece that one should be watching most closely as the news has not been very encouraging for the last few days. According to him, one is just not clear about whether this is a temporary streak of relative underperformance from the emerging market space or there is something bigger brewing out there.
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