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Bulls overcome drought, Swine Flu jitters

Posted on: August 14th 2009 in Market News.

For the week, the BSE 30-share Sensex added 1.7% and NSE Nifty added 2.2% during the week. Deficit monsoon and H1N1 virus (Swine Flu) were ignored as the market welcomed upbeat IIP data and the draft of the new Direct Tax Code, especially the scrapping of the STT. On the global front, th…

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Bulls on strike…Nifty ends below 4600

Posted on: August 6th 2009 in Market News.

Sensex slipped 390 points or 2.4% at 15,514 while, Nifty ended lower by 109 points to shut shop at 4,585. Indian markets registered their biggest fall of the month on Thursday with the NSE Nifty index breaking below the crucial 4,600 levels. Markets witnessed heavy offloading in the last…

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Will bulls take control?

Posted on: July 27th 2009 in Market Outlook.

BS: From its October 2008 lows when the BSE Sensex touched 7,697 points, the markets have done a complete about turn. In the six months to March 2009, the markets were unable to sustain itself over the five figure mark.While the rise in global markets was the starting point,the run up to …

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Bulls may suffer further setback

Posted on: June 18th 2009 in Market Outlook.

The recovery in economic growth and corporate profits will take time to catch up with market performance. At every fall, you could feel better if you pick up something. Markets further lost ground on Thursday extending its losses for second straight trading session. The Realty, Metals, P…

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Luxury industry poised for 2011 recovery: Report

Posted on: June 14th 2009 in Press Releases.

Conspicuous consumption isn’t dead, it’s just on hiatus. That’s according to global consulting firm Bain & Company’s Luxury Market Update: 2012, which will be released tomorrow. The report, authored by Claudia D’Arpizio, a partner based in the firm&#821…

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Bulls run riot…Sensex ends above 15k

Posted on: June 9th 2009 in Market News.

Sensex surged 461 points or 3.1% to end at 15,127 Nifty gained 121 points or 2.7% to shut shop at 4,551. After taking a pause on Monday, bulls were back with vengeance as the Indian markets ended above the 15,100 levels reversing the previous day’s losses. The advance decline ratio wa…

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Big investors in no hurry to quit stock rally

Posted on: June 2nd 2009 in Market Outlook.

LONDON: Forget about “Go Away in May”. Forget about losing steam. Investors are showing very few signs that the global stock market rally is about to end. World stocks as measured by MSCI hit a low on March 9. At the time of writing they have risen as much as 45 percent since…

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Take profits if 14500 Sensex hits: Brics Securities

Posted on: May 18th 2009 in Stock Views.

Anand Tandon, Director Equities, Brics Securities, said one should take some money off the table if 14,500 on the Sensex hits, “because no matter what, the fact to the matter is that at some stage there are other factors other than just liquidity and euphoria which come in play.” Q: …

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