“With last Friday’s record 5 year low WPI inflation, coupled with a better than expected balance of trade figure in October, markets roared to an all time Sensex close of 28,177.88. This was a pivotal day as bullish investors pushed the Sensex past the important resistance point of 28,000, which the Sensex was unable to penetrate since the start of the month,” said Raghu Kumar, co-founder of brokerage firm RKSV.

Raghu Kumar

Raghu Kumar

Raghu loves trading, algorithms, and figuring out ways to beat the market. He enjoys workouts, naps, food, listening to Carnatic music, teaching his dogs (pug named Zenzi and Shih Tzu named Cactus) cool tricks, and spending time with family and friends.A list of his authored articles on NDTV Profit can be found at http://profit.ndtv.com/topic/rksv