All about money that one needs
Foreign Institutional Investors, who deserted the Indian bourses last year, leaving them to face the heat of the global economic crisis are likely to make a come back in the second half of this year. FIIs, which pulled out over 13 billion dollar from the Indian stock markets in 2008, following severe credit crunch in [...]
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Nothing much fascinating this year for the Indian Stock Markets. In the third week of the year market saw a night mare. Except that we saw many stocks reaching their lifetime high in Jan first and second week. Third week onwards investors started loosing their money as there we two consecutive lower circuits on 21 [...]
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We never needed it more: a Santa Claus rally. The big question is whether it will happen in 2008? Much like the Wall Street, historySanta and stockssays Indian stock markets tend to rally from Christmas Eve to the New Year’s Day (or the first trading day of the New Year). FIIs or mutual fundsor big [...]
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Investing in Equities has made many people rich. Warren Buffet today is the richest in the world who is an American investor who has earned a great name and reputation and even wealth by investing in shares. His companys share Berkshire Hathaway INC’s share trades above 1 Lac $ just immagine. Did you know an [...]
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Indian GDP stands at 7.6% v/s 7.9% in last quater. India’s economy grew at the slowest pace since 2004 last quarter, increasing pressure on the central bank to cut interest rates. Asia’s third-largest economy expanded 7.6 percent in the three months to Sept. 30 from a year earlier, after a 7.9 percent gain in the [...]
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The annual Wholesale Price Index-based inflation rose 8.84 per cent for the week ended November 15, marginally down from the previous week’s yearly rise of 8.90 per cent. The latest WPI inflation rate was the lowest reading since May 17 and well below early August’s peak of 12.91 per cent. The official WPI for ‘All [...]
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Wednesday’s terrorist attack that rocked the financial capital of the country could further dampen investor sentiment already shattered by the credit crisis, say analysts and marketmen. However, most of them do not expect a sharp fall in key indices. “There might be a knee-jerk reaction in the market when it opens”, said Mr Manish Sonthalia, [...]
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Shocking terror attact in Indias Financial Capital. Over 80 are Dead and 200 are injured (Sources). We pray for all the Victims and Cops who lost their life in this incident. All world markets are trading positive and I expect Indian markets to open positive. US markets are up over 3% on an average. Asia [...]
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PINC Research has maintained its hold rating on Tata Chemicals in its November 25, 2008 research report. “Tata chem. announced successful refinancing of the USD 300 million bridge loan it had taken for funding the GCIP (General Chemicals Industrial Products Inc.) acquisition in Mar’08.” “At the CMP of Rs 138, Tata chem. is trading at a [...]
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Angel Broking has recommended a buy rating Union Bank of India with a target of Rs 194 in its November 21, 2008 research report. “We believe UNBK is amongst the more profitable, efficient and competitive PSU Banks. We have a positive outlook on the bank due to traction in CASA deposit growth driven by large branch [...]
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