The RBI which met yesterday on July 29th, announced certain monetary measures to contain the inflation and give a boost to the ailing Indian economy. As against the expectation, RBI hiked the cash reserve ratio(CRR) by 25 basis points to 9% and the respo rate has been hiked by 50 basis points to […]

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After a brief relief rally seen in the markets for the last few days, yesterday a profit booking session started and the markets closed the day in red. Sensex lost 165 points to close at 14,777 levels. Nifty too lost 43 points to close at 4,434 levels. The markets opened the day gap up as […]

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It was a very good session for the Indians share markets on last Friday. It started the day very flat and at the end of the day gained some ground and bounced back when sensex gained a whooping 524 points or 4% over the previous close to end at 13,635 levels. Nifty was also up […]

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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 to […]

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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 to […]

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