The Reserve Bank of India released on Friday a document on the third quarter review of the monetary policy for 2009-10. On the same day, the RBI also increased the cash reserve ratio (CRR) by 75 bps. This article looks into the revised GDP growth and i…
It was yesterday all over again as the indices managed to eke out small gains for themselves in what could be considered …[More...]
Amongst Asian indices, while most of them ended the day in the positive, European indices are also trading in the green currently. As for rupee, it was seen trading at Rs 46.27 to the dollar at the time of writing.
Intense pain continued on Dalal Street as stocks across the board took a severe beating today. Investors’ fears regarding rising inflation and the possibility of higher interest rates rocked sentiment today.
Persistent selling activity across index heavyweights refused to show any signs of abating causing the indices to close well below the dotted line.[More...]
Cautionary sentiments in global markets and mixed result announcements by Indian heavyweights led investors to withdraw to the sidelines during the previous hour.[More...]
As regards global markets, while most Asian markets closed lower today, the European markets have also opened in the red. The rupee was trading at Rs 45.87 to the dollar at the time of writing.
In my last article "China – Global Growth Engine or Engineering another Collapse" , I discussed the possibility of a slowdown in China in the near future and its negative impact on the Asian equity markets. In this article, I will be discussi…
While the larger part of today’s session saw the indices oscillate to either side of yesterday’s close, selling…[More...]
As regards global markets, Asian indices closed mixed today while European indices have also opened on a mixed note. The rupee was trading at Rs 45.66 to the dollar at the time of writing.