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Posted on: June 18th, 2012 and is filed under Commodity Views, Market News, Market Outlook.

Fitch revises India’s outlook to negative from stable

Fitch Ratings has revised India’s outlook to negative from stable. this news came in at a time when the market was grappling with Reserve Bank of India’s unexpected stance of not going with the popular expectation of a rate cut. Fitch says the revision in its outlook is refle…

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Posted on: September 7th, 2009 and is filed under Commodity Views.

Gold to touch US$1,200 by end Dec: Suresh Hundia

International gold prices may touch US$1,200 an ounce by the end of December, 2009 Suresh Hundia, president of the Bombay Bullion Association, said that investment demands by gold exchange-traded funds and China buying more gold reserves will help achieve this target. Gold steadied belo…

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Bought REC Ltd @ 137 today. It's already run by 10% from 122 levels. Can it go down on profit booking tomorrow...continue reading »
- by Abc
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