What moved Sensex
Jul 11th
Among expectations of good Q1 results, equity markets cheered this week with gains of 2.1% or 373 points for the week to close at 17,833 following a 0.6% loss last week.
Markets had lots of good news this week. IMF raised the projections for Indian growth rate for the year 2010 to 9.5% citing reasons like [...]
Sector focus: Pharma
Jul 5th
Pharma Sector to Outperform in 2010
In an earlier article – July Could be Jittery For the Markets - about equity market, our analyst Rahul advised you to be cautious while investing in equity market in the month of July (click here to read). Thus it becomes extremely important to select the sector in which to invest. [...]
July Could be Jittery For the Markets
Jun 30th
The month of July can cause real jitters for the Indian stock market and the party could end. Most of the top economists and market gurus have started saying that the year 2010 could be a mixture of two halves, the first half ending on a positive note and the second half leading to a [...]
Equity market update: June 25, 2010
Jun 26th
Markets started the week on a positive note with Sensex rising 305 points or 1.7% to close at 17,876.55 on Monday on positive global cues due to China announcing that it will take measures to make yuan float more freely against dollar and other foreign currencies (Click here for MB update).
After that, index moved in a [...]
China decides on ending Yuan peg
Jun 21st
Facing growing pressure from around the world, The People’s Bank of China (PBOC) announced on Saturday that it is prepared to allow the country’s currency to float more freely against the dollar and other foreign currencies. The bank said that “this step is in view of the recent economic situation and financial market developments at [...]
Weekly Equity update:June 19, 2010
Jun 19th
Moved by strong IIP numbers last week, Sensex continued its upward journey, rising 273 points on the first day of the week. Equity markets almost ignored the high inflation number.
The buoyancy continued for the week and markets touched a high of 17,616 on Thursday, its highest since April 27. This was the 7th consecutive day of [...]
Weekly equity update: June 12, 2010
Jun 12th
After 2 consecutive weeks of gains, equity markets ended this week slightly below the last week’s level, loosing 0.3% or 52 points on Sensex to close at 17064.95.
First two days of the week saw markets plunging 500 points to a weekly low of 16617 due to concerns of deepening Eurozone crisis. But thereafter, Wednesday onwards, markets [...]
Auto Sector Review
Jun 10th
Friends we are very happy to post the 100th post on MoneyBol.com. In a short time we have got great response from readers and investors like you. Thanks for your appreciation for our research of Economy and Markets. We will continue our endevour to serve you with quality content via MoneyBol.
Our analysts update you regularly on [...]
