at the very Core of it all … is Content!
“It would by a tough policy decision to be made by RBI on Monday in weighing between accentuated growth slowdown, lower wholesale inflation on one side and stubborn food inflation, potential upside risks to inflation outlook due to rupee depreciation, heightened CAD financing risks on the other side. We think RBI has more justifiable reasons …
28th May, 2013 : Nifty retakes 6100; long rollovers positive The market surged post noon on the back of cash buying in auto, oil and gas, and consumer durable stocks. Bulls will take heart that the Nifty has managed to close above the 6,100 mark. However, things didn’t look so rosy when the markets opened …
State Bank of India, Bengal Cirlce has opened a new Branch at Silpara today. The Branch along with ATM was inaugurated by our Circle Chief General Manager, Sri Sunil Srivastava in the presence of Sri R Arumugapandi, General Manager (Network-I), Sri P C Kandpal (DGM, Kolkata Module) and Sri Bisweswar Halder (Regional Manager, Region-IV, Kolkata). …
It was an incredible rally in a really long time. Led by rate sensitives like banking, realty and autos, the Nifty hit a fresh 52-week high of 6,157.10. Dealers attribute today’s strong up move to heavy buying by exchange-traded funds. Duvvuri Subbarao, Governor, Reserve Bank of India, added to the cheer. He said the apex …
The Indian equity market ended in the negative terrain for the first time in seven trading sessions amid profit booking in the scrips across the sectors. The decline was seen despite better than expected corporate earning from the Indian corporate Inc. Barring the BSE Auto and BSE Capital Goods index all the other major sectoral …
After rallying for five straight trading sessions, the markets took a breather on Tuesday. After opening on a flat note, the markets remained under pressure throughout the day. However, a sudden bout of buying in the last hour of trade lifted the benchmark indices from the day’s lows. But it was barely sufficient for the …
What a dreadful day for the market in general and Infosys in particular! The Indian equity indices ended with deep cuts on Friday as sentiment got hit post disappointing quarterly earning announced by Infosys. The stock plunged over 25% in a single trading session registering its biggest single day fall since April 2003. After an …
The Indian equity market further cracked on Thursday extending its downfall to the second straight trading session. The Nifty has now dropped ~170 points in last two trading session. The benchmark indices witnessed accelerated selling pressure after the Nifty breached the 200 Day Moving Average third time in the past six trading session. The index …
The world markets may be heaving a sigh of relief following the developments in Cyprus. However, the Indian equity market ended in the red reversing all its early gains on Monday after media reports stated that Samajwadi Party may pull the plug on the UPA government. Samajwadi Party chief Mulayam Singh was quoted as saying …
The Indian equity market ended near day’s low on Wednesday amid heavy sell off seen in scrips across the sector. Market participants preferred to remain cautious ahead of the monthly inflation data to be released on Thursday. The NSE Nifty has declined by almost 130 points or 2.1% in the past three trading sessions. Today’s …