The markets had been closing in the red for the past 7 days. Sensex fell more than 8% and Nifty 8.5% in the recent downfall. The BSE Smallcap and Midcap index were down 12.15% and 11.08%. All BSE sectoral indices were trading in the red. The realty index was down 23.64%, metal -14.98%, Ba…

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Baltic Dry Index is a leading economic indicator, lately, it has been also behaving as a leading indicator of the stock market. The Baltic Dry Index (BDI) is a bulk shipping rate that is issued daily by the Baltic Exchange in London. This BDI is the Rate it costs to move goods around the …

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Nifty managed to close today at 4563, dipping more than 145 points (-3.14%). Sensex fell 491 points to end at 15,404. Markets opened lower due to weak Global ques and failure of any positive news back home. Lower European markets further added to the weakness. The main sector hit today w…

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Sensex closed below 16,000 mark. The equity markets lost for the fifth consecuitve day on Firday with the Sensex closing below 16,000 at 15,896 losing 914 points the sharpest decline in a single week in the last 3 months. The nifty closed at 4,711, making a drop of 285 points in the last…

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On Friday Nifty closed 4997 ending almost flat. It made a Intrday high of 5,054 and a low of 4,983. Sensex closed 16,810 ending 21 points higher. Tough Sensex manged to cross 17,000 on Friday, it didn’t mange to sustain higher levels and saw some profit booking. It made a high of 17…

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Markets took rest on Wednesday post Diwali run over the past couple of days. Markets saw some profit booking. Nifty managed to end at 5063 ending 50 points lower, and Sensex closing at 17009 ending 213 points lower. The Auto space in the BSE Sectoral index lead the fall, losing 2.36%. T…

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Dow Jones currently trading at 10,103 up +1.09%. NASDAQ at 2,175.03 up +0.85%. Dow seemed to easily cross is 10,000 mark resistance level easily today after a handful of earnings reports revived hopes that the economy is improving. This adds to the probability that Nifty and Sensex too a…

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Last Diwali Sensex gained 499 points on Muhurat day (October 28, 2008). Nifty closed at 2865 managing a gain of 134 points. Nearly 1 year has passed and now the Nifty traders at 5100 levels, a gain of 78% in just 1 year. The 5-6 months of consolidation were very painful to the Indian inv…

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Today Nifty struggled to close above 5100, due to profit-booking. FII(Foreign Institutional Investors) today too were net buyers 753cr in the Cash Market while on the other side DII(Domestic Institutional Investors) were sellers worth 443cr. Markets manged a 30 point gap-up opening, but …

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Nifty close’s above its resistance level of 5080 for the frist time since May 2008. Sensex made a high of 17,274 and a low of 17,117, and finally closed at 17231 204 points up. Dow on the other side seems to be heading towards 10,000, all these factors indicate that we might see som…

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