BHEL is nearing strong support levels. Its 5 year low is at 190-195 levels. Made the first low in 2007 and then in 2008. Since then it has not seen 190-200 levels. In recent market correction, it has now reached levels of 200. It is likely it sees a bounce back from here. possibly upto 22…

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NEW YORK (AP) — The Dow Jones industrial average is heading for its 11th loss in 12 days after a pair of discouraging economic reports and as investors worried about Greece’s possible exit from euro. The Dow fell 130 points to 12,469 a half-hour before the closing bell. It&#8…

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The rupee tumbled 67 paise to all-time low of Rs 54.46 against the US dollar on the forex market during the midsession today on increased capital outflows and strong demand from importers. Traders said the Reserve Bank’s efforts to curb the falling rupee have failed to arrest the d…

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Attempts to form a government in Greece collapsed on Tuesday, jolting financial markets at the prospect leftists opposed to the terms of an EU bailout could sweep to victory and nudge the euro zone crisis into a dangerous new phase. The turmoil in Athens sent waves around other troubled …

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Participation of retail investors in the stock market has slumped to a seven-year low, as poor returns in the last four to five years have sapped the appetite for equities. Average daily turnover of retail and wealthy individual investors in the equity cash segment of the Bombay Stock Ex…

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SpiceJet is poised to perform comparatively better than its peers, but a financial turn around in the near-term is ruled out, said an HSBC research report. “SpiceJet has been the largest beneficiary of the troubles at Kingfisher. We expect this will continue,” the report said…

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Euro zone concerns, weak rupee and policy inaction weigh on investors’ sentiments With the benchmark indices declining more than 10 per cent from the highs reached in February, a December-like pessimism seems to have returned to the markets. As in late 2011, a fall in global risk…

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Asian shares fell on Thursday, as a weak Chinese trade data stoked fears of a growth slowdown, further undermining risk appetites already reduced by worries about the health of Spanish banks and deepening political chaos in Greece. MSCI’s broadest index of Asia-Pacific shares outsi…

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Forex software companies like FXCM, had to adjust for the heightened volatility of the market After poll results in Greece and France there has been a sustained demand for US currency The rupee today closed at all-time low of 53.84 losing a hefty 72 …

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Dow sheds 0.6% to close at 12,932, S&P500, Nasdaq down 0.4% each. Euro stocks lose almost 2% The euro, oil and stocks fell on Tuesday as worries intensified that Greece could reject the bailout that saved it from a chaotic bankruptcy as new leadership sought to form a government tw…

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