< 
output in Jan rattles investors
a ‘traders’ market’ with every number, every
news playing out in Dalal Street, leaving punters, brokers and fund managers
looking for the next trigger. On Monday, a dip in Chinese Purchasing Managers’
Index (PMI) unnerved Indian and other Asian investors who feared the world’s
second largest economy was slowing down. A week ago, crises in Argentina and
Turkey drove down emerging market (EM) stocks which were already under pressure
with the US Federal Reserve, anticipating an uptick in growth, pumping less
money
. 
