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The Indian benchmark indices touched its five month high at the beginning of the week on the back of positive global cues which continued till mid- week. On the last trading day of the truncated week, weak IIP numbers and a marginal decline in headline inflation numbers fuelled volatility ahead of the long weekend. Yet, [...]
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We started off negative but in the latter half of the week we saw some positivity.The week overall was good . The stimulus package announced by the Japanese Government, ECB cutting its benchmark interest rates by 25 bps and better than expected sales figure of the Indian automobile companies lifted the BSE Sensex above the [...]
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The week began on an extremely positive note supported by strong global cues on account of economic announcements in US and China.Back home, short covering in the derivatives segment and fall in headline inflation to a record low lifted the BSE Sensex to the psychological 10,000 mark and the S&P CNX Nifty to the 3,000 [...]
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Last week we started off with RIL and RPL merger news. RIL has announced share swap ratio of 1:16 for its merger with RPL.We saw RBI reducing rates.Inflation breached to 3.03%.We say global markets touching new lows.US markets is now at 5 years low.Next week IIP data will be announced we will see a bad [...]
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Last week we saw markets were firm. Gave some positive returns in the week.The Government announced a 2% cut in service tax rates to 10% and reduced excise duty from 10% to 8%.A huge decline in GDP from 8.9% to 5.3% , this was one of the major cause of concern.Inflation now stands at a [...]
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Last week we saw some great falls. All was due to bad global cues and more over the disappointing budget. Market broke the 9K mark in the last trading session. GOLD is yet a precious metal. Rupee and Dollar play is set again as $ was 50Rs plus. Inflation is now at one years low. [...]
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Last week was moderate with no much good news and not much bad news too.Inflation fell along with a fall in industrial production data.The Sensex flirted with 9,700 in Friday trading and closed at 9,635, a gain of 3.6% from last Friday. The Nifty also gained ground, ending the week 3.7% up to close at [...]
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Global cues were negative so Indian markets end flat at the end of the week.We saw inflation further cooling down. Worst results posted by few companies.Analyst say Indian Story is still intact.The Yellow Metal (GOLD) is making new highs , has crossed 14K.The week ahead looks neutral with markets in range bounded behaviour.We could see [...]
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This week we were in green. Started off green and ended in green.Satyam is yet the breaking news on all news paper every day.Inflation has increased slightly.Main concern still remains for global recession.Last week we ended a high note due to global cues.Obama is bailing out US , that’s certainly a good news for us.The [...]
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Last week we saw volatility in the stock markets.Satyam saga is finding no end to it.Inflation increased marginally , this was mainly due to transport strike which had an impact on WPI.LNT hikes it stake in Satyam from 4% to 12%.Obama takes charge to make the change.Bush administration has finally disappeared.This will benefit global economy? [...]
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