Due to bad Asian and World markets and rising crude oil prices which touched $146/barrel,the Indian markets also most wiped out all the gains that it had made in the previous trading session. Sensex lost 570 points to close at 13,094 levels and Nifty was down by 168 points to close at 3,926 […]

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The surprise rise of 703 points in sensex yesterday took many investors by surprise. Due to range bound Asian  markets the stock markets were looking flat in the first half,then the news of share buy back from country’s largest realty player came in. And the European markets were also looking good initially,so this led […]

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With every passing day the Indian markets are touching new yearly lows in 2008.Atleast these are what the indications are from the Indian share markets. And from the highs of Jan 2008 when sensex touched 21,207 levels, the markets have already lost 39% this year till yesterday,Jul 1st,2008. The only relief being the Chinese […]

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The downtrend in the market which started in the last week, continued still in the market yesterday. Sensex closed at 13,462 levels down by over 340 points or 2.47% from its previous close. And nifty was down by 96 points at 4040 levels. Meanwhile in the US markets Nasdaq was down by 1% yesterday […]

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It was a terrible week indeed on the dalal street last week. Finally the inflation figures came out and it now stands at 11.42%, thanks to the petrol price hike in the first week of June. It is now showing the impact on the inflation after close to 3 weeks. And it is expected […]

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In a volatile trading session yesterday,along with F& O expiry and weak global cues,the Indian markets managed to close in green gaining 201 points at 14,421 points. The IT sector stocks were doing well yesterday. Meanwhile due to some very bad new coming from crude oil and economic data the US markets crashed heavily […]

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Among the concerns of the double digit inflation rates of 11.3%, the RBI has decided to hike the repo rate and Cash reserve ratio by 50 basis points each. But fortunately the markets reacted positively yesterday to this piece of news and finally ended the day gaining 113 points. Indian share markets were in […]

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Well I could not bring out this story to you all on time. As we saw the inflation figures which were announced last Friday crossed the double digit figures and finally touched a 13 year all time high of 11.3%. This is the starting impact of the increase in prices of petroleum products announced […]

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