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The sentiment on the stock exchanges globally changed dramatically on Monday following China's announcement of a $580 billion financial stimulus plan for infrastructure and social welfare. The Asian markets opened positive, commodities were on the boil.
Tags: stock, global, nifty, economy, plan, repo, National Stock Exchange, China, dma, stimulus package
9.a.m.:- The Indian markets went up too high and too fast from an ultra-exaggerated low hit recently. Having gone down so much, it was not supposed to have got inflated so much so soon. Hence the ongoing correction. I have hardly any positions and free...
Tags: AD ratio, Crude, FII, Moving Average, Nifty, PLR, Rupee, Sensex, White House, Interest, Inflation
The index thereafter recovered and displayed lacklustre movement for most of the noon session...The Sensex finally ended with a gain of 293 points at 10,631...The Bankex rallied 6.6% to 5,741, and the Power index gained 5.7% at 1,781...Ranbaxy [ Get Quote...
Tags: nifty
Markets commenced the week on a weak note tracking discouraging global sentiments and heavy selling witnessed by FIIs and retail investors. The Sensex embraced the 8,000 mark and the Nifty touched the 2,300 level during intra-day. Later it recovered the...
The benchmark 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) ended the week Friday at 9,788.06, up 1,086.99 points or 12.5 percent from its close the previous Friday at 8,701.07. Similarly, the broader-based 50-share S&P CNX Nifty...
There was no conviction and almost no buying in the Indian markets because at the moment all macroeconomic factors around the world is negative,� said Jagannadham Thunuguntla, head of the capital markets arm of India's fourth largest share brokerage...
Indian markets continued to fall led by weak cues from global markets on fears there will be more corporate failures and the US bailout plan may fail to resolve the credit crisis. Players are very cautious on the developments happening on global front.
There was strong buying at several counters in midcap and smallcap segments as well...Out of 2732 stocks traded on BSE, 1677 stocks closed on a positive note...Among Sensex stocks, only Ranbaxy Laboratories (down 1.85%) and Tata Motors (down 1.8%) ended...
The rupee eased to a near 1-½ year low on Tuesday, on concerns that a widening trade deficit would put downward pressure on the currency in the coming weeks...It ended at 44.17/18 on Monday. "There is some pressure on the rupee on account of dollar...
The markets have been plagued by indecisiveness in the last three trading sessions. The Nifty, however, retained its support near 4300, which is 38.2 per cent of the retracement from 3790 to 4650. The Nifty PCR OI at the 4300 and 4400 strike prices stood...
Tags: nifty