Overall it was a great week on the D-Street. Sensex gained 478 points in the whole week to close at 15,104 levels and nifty gained 138 points to shut shop at 4857 levels. The crucial level of 15,000 level was breached last week and sensex settled above it after 9 months. The investors were bullish [...]

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Indian markets are finally seeing some sort of consolidation on weak global cues now. Somehow the valuations do not support the upward rally as the stocks have moved up quite a bit. 15,000 levels on sensex is a big resistence as of now and hence we see some sort of stoppage here for sometime. The [...]

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The Indian share markets had a very volatile session yesterday when it opened positive on the back of good global cues, but then slipped in red. Sensex closed at 14,874 levels gaining just 34 points and nifty ended flat at 4525 levels. Rolta,IFCI and Ispat Industries were among the gainors. Last night the US stock [...]

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The Indian investors couldnt have asked for more. The Indian share markets managed to cross the 9 month levels. Sensex shut shop at 14,840 levels gaining 215 points and nifty closed at 4529 levels gaining 81 points. Even though the market valuations look stretched at the current moment, the momentum may continue for some more [...]

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It was one such news which came on last Friday which confirms that the worst is over for Indian economy. On last Friday the GDP numbers for the fiscal year 2009 came in and it was better than expected. In the quarter ended March 2009 Indian GDP grew at 5.8% and the GDP growth rate [...]

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