The recent fall in the first week of trading in 2011, brought the memories of the worst crash in Indian markets in Jan 2007. It was then followed by a days gain before the recession set it. In the first week of New Year, January 2011, stock market saw the lowest closing in the last [...]
After Brazil, it’s India to produce the largest amount of sugar in world. But the two last years, saw a completely different picture of this fact as sugar was being imported in India during this time. This made Government to put a ban on sugar futures for six months in May 2009 to control its [...]
The BSE benchmark after the rise for the past three consecutive days rose again by 143 points on the fourth day with the news of ease in food inflation and firm global cues. Breaching the 20,084.25 level intra-day, BSE bellwether Sensex finally settled at 19,992.70. Similarly, the National Stock Exchange wide-based Nifty started the day [...]
The housing loan scam which came out last week has led to the stock market crashing and realty,hosuing,construction and banking stocks were down the hill. Here are some of the impacts of the housing loan scam. Number of distributers is on slide: The housing loan scam last week brought with it a number of problems [...]
17 Oct
Posted by Shyam as Market News
Friday came flat for Indian market. The reason being the Asian peers were of no help and also the IT stocks which noticed the market instability after the announcement of second quarter results by Infosys Technologies. Also investors were pulling money out of markets to subscribe to Coal India IPO. Infosys reported an annual revenue [...]