Gold is likely to touch Rs 18,000 per 10 grams during the forthcoming festival season as the demand for the yellow metal peaks around Diwali time, according to a projection by industry body Assocham. Gold prices is expected to increase by Rs 2,000 per 10 grams by Diwali, which is followe…
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 …
Sensex @ 18,000 by March 2010: Sonthalia
Posted on: July 20th 2009 in Market Outlook.
MUMBAI: Manish Sonthalia, vice president, equity strategy, Motilal Oswal Securities , said the momentum is so strong that the markets will move significantly higher from the current level. Is there room for some more rally in the markets? Sonthalia: Yes…it looks like the momentum…
Sensex ends above 14k, Nifty tops 4200
Posted on: July 15th 2009 in Market News.
Sensex surged 400 points or 2.8% to end at 14,253 while, Nifty surged 122 points or 2.9% to shut shop at 4,233. It was another day of gains on Dalal Street as the Indian markets extended the winning streak to second straight trading session on Wednesday. The BSE Sensex recouped almost 90…
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