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Indian rupee today rallied by 30 paise at 49.56/57 against the greenback to extend the gains for the fourth day in succession, with banks selling dollars heavily amid a continuous fall oil prices. Foreign exchange dealers said demand for the US currency...
09:20 a.m.- Asian markets have started of with deep cuts taking cues from Europe and US markets, however trading off their lows. MSCI Asia Pacific Index is about 3% down. Nikkei down 4.6%, Hangseng down 4.2% and STI down 1.7%. Royal Bank of Australia...
Tags: AD ratio, ATF, Crude, DMA, FII, G20, GDP, IIP, Inflation, Mumbai, Nifty, Obama, PLR, RBI, Rupee, SEBI, Sensex, sgx nifty, trend
09:40 a.m./Monday:- Asian markets opened mixed, recovered a bit, still on either side of the flat line. Nikkei TI are lower but Hangseng is up over 2%. We may see a lacklustre opening within 50 points of the sensex before taking a definite direction which...
Tags: AD ratio, ATF, Crude, DMA, FII, G20, GDP, IIP, Inflation, Nifty, Obama, PLR, RBI, Mumbai, Rupee, SEBI, Sensex, sgx nifty, trend
7:45 a.m.- Markets Closed: On a day when Indian markets are expected to have zoomed up on technical and international cues apart from hefty short covering due to f&o expiry, Sebi has decided to keep the markets closed till normalcy returned to South...
Tags: AD ratio, ATF, Crude, DMA, FII, G20, GDP, IIP, Inflation, Nifty, Obama, PLR, RBI, Repo, Rupee, SEBI, Sensex, sgx nifty
8 a.m.:- I was so confident about writing my previous report and same was completed by the time US markets were opened. But today, I am not sure as to what to write. Reason is simple, we have belied logic again. When the entire world was brimming in bullish...
Tags: AD ratio, ATF, Crude, DMA, FII, G20, GDP, IIP, Inflation, Nifty, Obama, PLR, RBI, Repo, Rupee, SEBI, Sensex, sgx nifty
In the wake of a strong rally overnight on Wall Street after the U.S. Government unveiled plans to bail out Citigroup, Asian investors stepped up to the plate in a mood to buy. Tokyo posted a 5.2% gain with exporters and carmakers having a rare recent...
Tags: wall street, market, asian markets, bailout, government, news, european, economy, plans, crude
8:30 a.m.:- Sensex will open about the R2 level 9222 and trade around that level. Equivalent Nifty will be above 2800. 8:a.m.- I was a bit over-optimistic on Monday. However, the market behaved more maturely and sensibly.(I thought it will otherwise)....
Tags: AD ratio, ATF, Crude, DMA, FII, G20, GDP, IIP, Inflation, Nifty, Obama, PLR, RBI, Repo, Rupee, SEBI, Sensex, sgx nifty, trend
At 8:30 a.m./Monday:- Contrary to my expectations, Asian markets have opened gap down, worrying for no reasons, about the Citi Group bail out package. As it stands, Citi was down 20% in US, it is just a silver lining that a package might help to shore...
Tags: AD ratio, ATF, Crude, FII, G20, GDP, IIP, Inflation, Moving Average, Nifty, Obama, PLR, RBI, Repo, Rupee, SEBI, Sensex, sgx nifty, trend
Worst is almost over! It is just that we want some assurance to that effect. In fact Wednesday's market action has given us just that assurance indirectly. When US bled the previous day and there was blood in every Asian markets, we survived with minor...
Tags: AD ratio, ATF, Crude, FII, G20, GDP, IIP, Inflation, Moving Average, Nifty, Obama, PLR, RBI, Repo, Rupee, SEBI, Sensex, sgx nifty, trend
Crude oil fell more than $3 to $49.91, hitting below $50 a barrel for the first time since May 2005, in Thursday morning trading. Oilfield services company Schlumberger Ltd. shares fell $4.79, or 10 percent, to $42.60. Halliburton saw its stock dive more...