Diwali is near, and it seems that we might continue some more positiveness in the markets, as the Industrial growth rose to a 22 month high figure August 2009. The latest IIP data has shown a year on year growth of 10.4% in output, making a 22 month high since the 12.2$ of October 2007. T…

Read More..

Sensex managed to close above 17,000 where as Nify above 5050. One reason being why the stock market showed a good momentum was the positive IIP numbers, India’s Industrial Production for the month of August was at 10.4% beating analyst expectations of 9.7%. It rose the most in over 22 …

Read More..

The Nifty October futures closed above the resistance level of 5,010 on short-covering and buying in banking, metals and capital goods stocks. After a modest start, the Nifty extended gains in the afternoon trade on firm European markets and higher Dow futures. The market is expected to …

Read More..

Nirmal Jain, CMD , India Infoline feels that the valuations are no longer cheap but are not prohibitively expensive either. He feels there still is investment opportunity available in select sectors and stocks. Here is his take on Sensex reaching the 17 K level: 17000 on the index, the…

Read More..

KOLKATA: The BSE Sensex is poised to touch the 19000-mark in 2010 fueled by global equities’ rising growth premium, favourable demographics, diminished policy risks and inexpensive valuations of Indian stocks. Prabhudas Lilladher(PL), a leading equity research and brokerage firm fo…

Read More..

It is only a number, the stock market equivalent of an appliance chain’s millionth customer, or the gazillionth hamburger served at McDonald’s. Still, the Dow, which closed up 124.17 points, at 9,789.36, on Monday, is within reach of 10,000. Who would have thought? At the depths of …

Read More..

MUMBAI: Equities may remain choppy in the shortened trading week ahead, in the absence of any major trigger for sharp movements either sides. Despite concerns about stock prices being stretched, after more than doubling since March, market participants do not see any significant declines…

Read More..

NEW YORK: Given that US stocks have rallied nearly 60 percent in just six months, you’d expect valuations were getting a NYSE Why realty is good investment Key to maximising returns How to gauge market movements What moves the stock markets? bit prohibitive. But the resilien…

Read More..

MUMBAI: Ajit Dayal, managing director, Quantum, said the Sensex will surge to 21,000-level on foreign funds coming to India. What’s your reading – has the market run out of steam? Dayal: No. We have not seen any evidence of that. We think earnings for the year ending March …

Read More..

By invite: Manish Chokhani:- The current hype over ‘green shoots’ and the prevailing investor complacency due to abundance of liquidity tend to disguise a darker economic reality. The world economy and markets are merely rebounding after falling off a cliff; a bounce, therefore, shoul…

Read More..