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 […]

Popularity: 13% [?]

• 0 Comments

After days of heavy sell off witnessed in the share markets, today was a good relief rally or to say a pull back rally. The sensex closed the day gaining close to 296 points or 2% from its previous close.Nifty gained 73 points or 1.73% today. 4400 and 4500 are crucial levels for Nifty […]

Popularity: 18% [?]

• 0 Comments

As said yesterday,the sentiment of the markets really look very bad and the bears are taking over the markets. Many important support levels have already been broken.Sensex ended the day losing 177 points or 1.17% from its previous close at 14889 levels and Nifty lost 51 points or 1.15% at 4450 levels,which is again […]

Popularity: 13% [?]

• 0 Comments

Well it looks like the markets are in the mood of touching the lows of the current year after Jan Crash. The sensex lost 506 points today to settle at 15,066 levels. The worst happened in nifty when it touched the Jan 22 lows of 4,448 levels. In the intra day the markets had […]

Popularity: 12% [?]

• 0 Comments

Well after a lot of hue and cry, finally the Govt came out with the increased fuel prices today in the afternoon. With crude oil touching $135/barrel,it was imminent on the part of the govt to hike fuel prices to ease losses faced by the public oil sector companies. There has been […]

Popularity: 15% [?]

• 0 Comments

Thats a big breather for many.Yes, for the first time ever the Reserve Bank Of India(RBI) has come out with its professional forecasters survey very recently. And it supports the long term growth story of the Indian markets in general. Well we have seen the markets falling like a pack of cards since mid […]

Popularity: 28% [?]

• 0 Comments

The final and much awaited verdict is out today. The US Federal Bank has once again lowered its key interest rates by a quarter percentage point today. The Fed rates now stand at 2%, the lowest figures since 2004.Well the move is clearly aimed at stopping or probably delaying the Recession as far as […]

Popularity: 16% [?]

• 0 Comments

It was yet another good trading sessions and a week too with sensex gaining 3.8% and nifty gaining 3%. The Indian markets were up today by over 404 points or 2.42% and nifty closed beyond the psychological barrier of 5000 points. The only laggards in the market were IT stocks. The markets are recovering […]

Popularity: 17% [?]

• 0 Comments