Equity markets continued their journey north with all major markets closing in the green for the week. The Sensex was up 100 points with indices worldwide crossing recent highs. Gold ended unchanged from last week at 1107. The European leaders seem to have a worked up an arrangement to help Greece ending the long stalemate [...]
Posts Tagged ‘usd-inr’
BGR Energy: Building the Indian Power Story
March 24th, 2010 
Praveen Bajaj Last week I heard a very interesting story which eventually gave me the idea of investing in BGR Energy Systems Ltd. Thought of sharing with you. Years back when the South African Government opened their country for outsiders to come and do mining for diamonds, entrepreneurs form all over the world rushed to South Africa [...]
Posted in Equity 
Tags: Accounting Standards, economic review, exchange rate, IFRS Valuation, indian economy, nifty, sensex, share markets, usd-inr 
1 Comment »Rating upgrade, rate hike – Growth on track
March 22nd, 2010 Praveen Bajaj 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 also saw concerns over asset [...]
Posted in Economy Tags: economic review, equity markets, exchange rate, IFRS, india inflation, indian economy, inflation, share markets, usd-inr 1 Comment »Currency markets at crucial point….
March 15th, 2010 Praveen Bajaj 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 at 80 before closing 79.83. [...]
Posted in Economy Tags: Accounting Standards, dollar rate, economic review, equity markets, exchange rate, IFRS, india inflation, indian economy, nifty, sensex, share markets, usd-inr No Comments »USD-INR retracing the fall
January 18th, 2010 Praveen Bajaj The USD/INR retraced the highs of 45.28 and has settled at around 45.78 levels. Equity markets were directionless with the Sensex and the Nifty closing a tad lower than last week. The high point from the data point was the 11.3 % growth in IIP against expectation of 10%. Inflation for the month of December [...]
Indian Economy – Annual Review and Analysis
January 6th, 2010 Praveen Bajaj “Hello readers…warm wishes for the year ahead on behlaf of MoneyBol team. My apologies for delayed posting of the monthly update. To make amends I have also updated the yearly review. Hope these are useful and informative for you.” – Praveen Bajaj, Equity- BSE Sensex Stocks started the month with a 200+ points gain on the first [...]
Posted in Economy Tags: crude prices, economic review, equity markets, exchange rate, g-sec, gold prices, indian economy, nifty, sensex, usd-inr 1 Comment »Currency Outlook – Fortnightly Currency Review November
December 14th, 2009 Praveen Bajaj Standing on the fence, waiting for clear signals Markets remained in consolidation mode for major part of November. The Sensex and the Nifty are hovering around the October 2009 levels. We expect the sentiment to continue well into the closing year. While every good US data is now being viewed as an unwinding of the [...]
Posted in Economy Tags: currency outlook, currency review, dollar rate, exchange rate, usd-inr 1 Comment »USD/INR Downside Prevails
November 16th, 2009 Praveen Bajaj The week saw consolidation across the board with all equity markets rebounding from the selling momentum of last week. The Sensex rebounded around 700 points. Similarly all major indices have risen defying the fact that unemployment still is a concern for the US. The Euro broke the 1.5000 mark during the week and currently trades [...]