Posts tagged equity markets

India to move to market movement based oil prices

The Empowered Group of Ministers (EGoM), headed by Finance Minister Pranab Mukherjee, have decided in the meeting just now that India oil prices such as petrol and diesel prices will be determined by market.

Details of the same, as to how this exactly will be carried out will be disclosed later More >

Weekly Equity update:June 19, 2010

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 More >

Weekly equity update: June 12, 2010

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. More >

Weekly market update: May 3, 2010

Dear readers, if you will remember we used to post monthly market review till some time back. Modifying that a bit, we have come out with the weekly version of the update covering equity, currency, gilts, crude oil and a brief note on China interest rate move.

Equity markets

Annual Monetary policy 2010 – Highlights

RBI Governor Dr D Subbarao announced the annual monetary policy on Tuesday. RBI seems to have taken a more dovish stance than expected. Many analysts and market participants had expected a 50 bps hike in the policy rates. As expected, RBI took cognizance of the fact that inflation seems to More >

Infosys Q4 results update

Infosys declared its fourth quarter result yesterday. The results came in line with the street expectations. Sales were around 1% above the Bloomberg consensus estimate, whereas the net profit was almost same as per the street estimates. Despite the fact the numbers are in-line with the street expectations; the disappointment is More >

Indian equity markets:Overvalued Zone…?

Well some say that the Indian equity markets are all set to become mother of all the bull markets and from here there is no looking back. While others say that we are currently in a kind of over bought zone and a correction of at least 200-300 points in the Nifty More >

Rating upgrade, rate hike – Growth on track

Equity markets continued the uptrend with all major markets closing in the green for the week. The Sensex was up 500 points. On the global front, nothing much changed vis-a-vis risk appetite as stand-off over Greece continued to haunt the Euro, which shed 300 pips during the week. The week More >

Currency markets at crucial point….

Markets seem to come out of the consolidation mode and increase in risk appetite saw the US Dollar being sold across the board. Almost all markets closed in the green and all currencies except the JPY saw strength against the greenback. The Dollar index closed below a key support level More >

Indian Economy – Review and Analysis, February 2010

Readers, as promised, we have posted the market review for February without delay this time. Month of February witnessed the most important calendar event for Indian economy, the Budget 2010. Our reports on the same would have kept you updated. Hopefully this will update you about its affect on various More >

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