The Indian markets recovered a some of the losses it made in previous trading session yesterday when the sensex gained 496 points to close at 14,287 levels up by over 3.59% and nifty closed at 4,313 levels up by over 2.87%. On a over basis the market breadth was positive and most of the […]

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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 9%.
Repo […]

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In a very volatile trading session yesterday, the Indian share markets closed the day in partial gains with sensex gaining 74 points and nifty gaining about 20 points to close at 4,332 levels. The RBIs governing body is to meet today to decide monetary policy. We may see some hike in key interest rates today […]

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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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Reliance Industries Limited (RIL), India’s largest company my market cap,came out with its Q1,2009 results just yesterday on July 24th,2008. It has declared a net consolidated profit of Rs 4,110 crores or $955 million which is an increase of 13% for the first quarter. The EPS of the company now stands at Rs 28.30 per […]

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