January seems to be the favorite month of the bears. Its been 4 yrs in a row we have seen a big correction in Markets in the month of Jan. Famous crash of the 2008 began in the month of January where Nifty corrected from 6300 levels to 5300, In the year 2009 again we saw a fall from 310…
Nifty likely to calm down
Posted on: November 21st 2009 in Market Outlook.
Nifty after having a roller coaster ride on Friday manged to close at 5,052 ending 63 points higher, Sensex too made good gains past afternoon, and closed at 17,021 ending 230 points higher. This week markets gained a net of 1 %. Nifty rose 1.07% and the Sensex gained 1% over the week. F…
DOW above 10,100. Whats next?
Posted on: October 19th 2009 in Market Outlook.
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…
Sensex jumps 17.45% in April; best in 10 years
Posted on: April 29th 2009 in Market News.
MUMBAI: The BSE Sensex rallied 3.65 percent on Wednesday and propelled gains to more than 17 percent in April, its best monthly performance in 10 years, as a wave of improved investor confidence swept across the world. …
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